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Published on 11/13/2014 in the Prospect News Bank Loan Daily.

Marina District Finance expands revolving facility by $10 million

By Marisa Wong

Madison, Wis., Nov. 13 – Marina District Finance Co., Inc. exercised the accordion feature under its revolving credit facility, increasing the contractual availability by $10 million after the end of the third quarter, according to a 10-Q filing with the Securities and Exchange Commission.

The credit facility’s accordion feature permits an increase in the revolving facility in an amount not exceeding $15 million.

Marina District Finance is the Atlantic City, N.J.-based owner and operator of Borgata Hotel Casino and Spa.


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