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Published on 8/5/2013 in the Prospect News Bank Loan Daily.

Shingle Springs Tribal to launch $240 million term loan on Tuesday

By Sara Rosenberg

New York, Aug. 5 - Shingle Springs Tribal Gaming Authority will hold a bank meeting on Tuesday to launch a $240 million six-year term loan, according to sources.

Bank of America Merrill Lynch is the lead bank on the deal.

The term loan has 101 soft call protection for six months, sources said.

Shingle Springs Tribal Gaming Authority is the El Dorado County, Calif.-based overseer of the operations at RedHawk Casino.


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