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 5/6/2010 in the Prospect News Bank Loan Daily.

MGM Mirage repays some revolver borrowings with tax refund proceeds

By Sara Rosenberg

New York, May 6 - MGM Mirage repaid some borrowings under its revolving credit facility using proceeds from a roughly $380 million tax refund, according to a news release.

The paydown was made following the close of the first quarter.

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.