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Published on 9/10/2012 in the Prospect News Bank Loan Daily, Prospect News High Yield Daily and Prospect News Liability Management Daily.

Jacobs to refinance notes and credit facility with new loans, revolver

By Ashley Montgomery

Kansas City, Kan., Sept. 10 - Jacobs Entertainment, Inc. plans to refinance its $210 million 9¾% senior notes due June 15, 2014 and its $97 million senior bank facility, according to a company news release.

The company said it expects the new debt financing to consist of a $210 million first-lien loan, a $110 million second-lien loan and a $50 million revolving line of credit.

Credit Suisse is leading the deal. Lender presentations are scheduled for next week.

Jacobs is a Rye, N.Y.-based film buying and marketing firm.


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