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Herbst Gaming to sell $45 million 10¾% notes
New York, Jan. 17 - Herbst Gaming, Inc. said it will sell $45 million of notes as an add on to its existing $170 million 10¾% senior secured notes due 2008.
Proceeds will be used to help fund the acquisition of Anchor Coin's slot route business.
Las Vegas-based Herbst will sell the notes in a Rule 144A offering.
No further details were immediately available about the deal, which was announced late Friday.
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