debt
confidence high
sentiment neutral
materiality 0.55
Full House Resorts closes $100M add-on notes at 8.25% due 2028; credit line boosted to $40M
FULL HOUSE RESORTS INC
- Issued $100M additional 8.25% senior secured notes due 2028 at 102% of par; same series as $310M notes from Feb 2021.
- Amended credit agreement to increase borrowing capacity from $15M to $40M; no borrowings currently outstanding.
- Net proceeds to fund development of The Temporary by American Place casino in Waukegan, IL, plus fees and general corporate purposes.
- Notes mature Feb 15, 2028; interest payable semi-annually on Feb 15 and Aug 15.