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Mashantucket Pequot Tribal Nation Not Seeking New Debt-related Capital of $275 Million

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Mashantucket Pequot Tribal Nation Not Seeking New Debt-related Capital of $275 Million Powered By Docstoc
					
				
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posted:7/24/2013
language:Japanese
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Description: MASHANTUCKET, Conn.--(BUSINESS WIRE)--Contrary to recent published media reports, MPTN is NOT seeking new debt-related capital of $275 million. Instead, the remarketing of its existing Term Loan B with Bank of America and Well Fargo is a syndication of the existing Term Loan B issued as part of the Tribe's comprehensive financial restructuring announced on July 1, 2013. Several media sources, including Debtwire and The Day, have inaccurately reported that the Term Loan B was a new issue. About t
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