Mohegan Tribal to refinance most 11% senior subordinated notes due 2018

By Tali Rackner

Norfolk, Va., July 20 – The Mohegan Tribal Gaming Authority plans to refinance a majority of its outstanding 11% senior subordinated notes due 2018, according to a press release.

Any redemption would depend on prevailing market conditions and the covenant restrictions contained in the authority’s existing debt, among other factors, the release said.

The authority is an Uncasville, Conn., operator of gaming and entertainment enterprises.

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