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Rivers Casino borrowing $300 million | TribLIVE.com
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Rivers Casino borrowing $300 million

Rivers Casino plans to sell $300 million in notes to refinance some of its debt, but the refinancing has nothing to do with plans by the North Shore casino’s majority owner, Holdings Acquisition Co. L.P., to buy about 20 percent of the ownership held by PITG Entertainment LLC, a company spokesman said today. “Once completed, this refinancing will improve the financial position of the casino,” said Jack Horner. Bloomberg First Word reported the proposed borrowing today. No other information was immediately available about the refinancing.


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