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Moody’s rates Marina District Finance loan B2
Moody's Investors Service said it assigned a B2 rating to Marina District Finance Co., Inc.'s $650 million incremental term loan due 2023.
The outlook is stable.
Initial proceeds, about $430 million, were used to repay the company's $393.5 million 9 7/8% secured notes due 2018 in full and pay for related fees.
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