| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers I > Headlines for Isle of Capri Casinos, Inc. > News item |
Isle of Capri starts cash tender offer for 7¾% senior notes due 2019
New York, April 7 – Isle of Capri Casinos, Inc. announced it has begun a cash tender offer for its $300 million of 7¾% senior notes due 2019.
The company will pay $1,043.00 per $1,000 principal amount of notes plus accrued interest up to but excluding the settlement date.
Holders can tender up until the expiration time of 5 p.m. ET on April 13. Settlement is expected on April 14, according to a news release.
The tender is subject to conditions including completion of a debt financing. Isle of Capri announced a $150 million offering of 5 7/8% notes on Tuesday morning.
The company said it expects to redeem any notes that remain outstanding after the tender.
Wells Fargo Securities, LLC at (866 309-6316 or 704 410-4760) is dealer manager. D. F. King & Co., Inc. (866 796-3441, banks and brokers 212 269-5550) is tender agent and information agent.
Isle of Capri is a St. Louis-based gaming and entertainment company.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.