Eldorado Resorts to sell $600 million eight-year notes on Thursday

By Paul A. Harris

Portland, Ore., Sept. 6 – Eldorado Resorts Inc. plans to price $600 million of eight-year senior notes (B3/B) in a quick-to-market Thursday trade, according to market sources.

An investor conference call was scheduled for 12:30 p.m. ET on Thursday.

J.P. Morgan Securities LLC, Macquarie Capital, Credit Suisse Securities (USA) LLC, U.S. Bancorp Investments Inc., Capital One Securities Inc., KeyBanc Capital Markets LLC, SunTrust Robinson Humphrey Inc. and BofA Merrill Lynch are the joint bookrunners for the Rule 144A with registration rights offering.

The notes come with three years of call protection.

The Reno, Nev.-based casino entertainment company plans to use the proceeds to help fund its acquisition of Tropicana Entertainment Inc.

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