Isle of Capri Casinos calls 9% notes

By Devika Patel

Knoxville, Tenn., July 31 - Isle of Capri Casinos, Inc. announced that it has called all $200 million of its 9% senior subordinated notes due 2012.

The call is mandatory, at a redemption price of 104.50% plus accrued and unpaid interest up to the redemption date, Aug. 29.

Funding will come from the company's new senior secured credit facility, entered into on July 26.

Isle of Capri is a St. Louis-based developer, owner and operator of branded gaming facilities, and related lodging and entertainment facilities.

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