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Prospect News home > News index > List of issuers T > Headlines for Tenders 2010 > News item |
MGM Resorts buys back $211 million of senior notes in second quarter
By Susanna Moon
Chicago, Aug. 3 - MGM Resorts International said it repurchased $211 million principal amount of senior notes with near-term maturities during the second quarter.
The purchase resulted in cash interest savings of about $5 million, according to the company's financial results for the second quarter.
MGM Resorts, formerly MGM Mirage, is a Las Vegas-based gaming company.
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