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Published on 9/15/2010 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

French Lick Resorts to redeem $46.42 million 10¾% notes at 105.375

By Marisa Wong

Madison, Wis., Sept. 15 - French Lick Resorts & Casino, LLC and French Lick Resorts & Casino Corp. will redeem $46,415,000 of their outstanding 10¾% first mortgage notes due 2014, according to a notice.

The notes will be redeemed on Oct. 15 at 105.375% of par plus accrued interest up to, but not including, the redemption date.

Wells Fargo Bank, NA is the trustee.

The casino operator is based in French Lick, Ind.


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