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Isle of Capri Casinos to hold investor conference call Wednesday for $200 million 10-year notes
By Paul A. Harris
St. Louis, Mo., March 18 - Isle of Capri Casinos, Inc. is set to price $200 million of senior subordinated notes due 2012 (existing ratings B2/B) late in the week of March 18, according to a syndicate source.
An investor conference call is scheduled for 12:30 p.m. ET Wednesday, according to the source.
Dresdner Kleinwort Wasserstein, CIBC World Markets and Deutsche Banc Alex. Brown are joint bookrunners and Credit Lyonnais and Wells Fargo Capital are co-managers.
The Rule 144A notes are non-callable for five years.
The Biloxi, Miss.-based casino owner and operator will use the proceeds to repay bank debt.
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