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Isle of Capri Casinos to redeem 9% notes
By Susanna Moon
Chicago, May 31 - Isle of Capri Casinos, Inc. said it would refinance both its existing senior secured credit facility and its outstanding 9% senior subordinated notes due 2012.
The company will pay for the refinancing, to be completed in the next several weeks, with the proceeds of a new senior secured credit facility.
Isle of Capri, based in Biloxi, Miss., develops, owns and operates casinos.
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