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.