Great Canadian Gaming to sell C$150 million 10-year notes via TD Securities

By Paul A. Harris

St. Louis, July 7 - Great Canadian Gaming Corp. announced in a Thursday press release that it will offer C$150 million of 10-year series B senior secured notes.

The company added that it has engaged TD Securities to manage the sale on a best-efforts basis.

The bonds are expected to close on July 20.

Proceeds will be used to repay bank debt, as well as for general working capital and acquisitions.

The company is a gaming and entertainment operator with operations in British Columbia, Nova Scotia, Ontario and Washington State. It is headquartered in Richmond, B.C.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.