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Green Valley Ranch in-market with $250 million credit facility
By Sara Rosenberg
New York, Nov. 22 - Green Valley Ranch Gaming LLC is in-market with a refinancing $250 million credit facility that has only gone out to existing lenders, according to a market source.
Wells Fargo and Bank of America are the lead banks on the deal.
The facility consists of a $50 million revolving credit facility and a $200 million term loan that is talked at Libor plus 200 basis points, the source said.
Green Valley Ranch is a Henderson, Nev.-based resort jointly owned by Station Casinos Inc. and GCR Gaming.
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