Kerzner gets $650 million amended, restated revolver

By Sara Rosenberg

New York, Nov. 7 - Kerzner International Ltd. amended and restated its revolving credit facility, increasing borrowing capacity to $650 million from $500 million, according to a company news release.

Furthermore, the amendment and restatement modified some pricing and financial covenants.

The transaction was completed on Oct. 31.

Kerzner is a Paradise Island, Bahamas-based developer and operator of destination resorts, casinos and luxury hotels.

© 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.