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Published on 10/19/2011 in the Prospect News High Yield Daily.

River Rock Entertainment to sell $205 million seven-year senior notes

New York, Oct. 19 - River Rock Entertainment Authority plans to offer $205 million of senior notes due 2018 in a Rule 144A offering.

Proceeds, along with cash on hand and funds from a $27.6 million private placement of 6½% senior subordinated notes due 2019, will be used to retire the authority's 9¾% senior notes due 2011 and the outstanding notes of the Dry Creek Rancheria Band of Pomo Indians, and to fund construction of an emergency access road over the tribe's reservation and a piece of newly acquired property.

Geyserville, Calif.-based River Rock Entertainment operates the River Rock Casino.


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