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Great Canadian Gaming completes debt refinancing

Date Closed

February 14, 2007

Lead Office

Vancouver

Value

600.00 Million CAD

On February 14, 2007, Great Canadian Gaming Corporation (TSX:GCD) completed a refinancing of its corporate indebtedness by establishing a $200 million Cdn revolving credit facility and a $170 million US term loan, with a syndicate of lenders led by The Toronto-Dominion Bank as administration agent.  Great Canadian also issued $170 million US senior subordinated notes for total aggregate proceeds of approximately $600 million Cdn.

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