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Published on 4/15/2011 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

American Casino to redeem 5% of its 11% senior notes due 2014 in May

By Toni Weeks

San Diego, April 15 - American Casino & Entertainment Properties LLC intends to redeem 5% of its 11% senior secured notes due June 15, 2014 on May 31, according to an 8-K filed Friday with the Securities and Exchange Commission.

The notes will be redeemed at 102 plus accrued interest.

The casino company is based in Las Vegas.


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