E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 4/14/2010 in the Prospect News Bank Loan Daily.

MGM Mirage to pay down some bank borrowings with convertible proceeds

By Sara Rosenberg

New York, April 14 - MGM Mirage plans to repay a portion of the outstanding debt under its senior credit facility using proceeds from a $750 million convertible senior notes offering, according to a news release.

MGM Mirage is a Las Vegas-based gaming, hospitality and entertainment company.


© 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.