Station Casinos repeats extending the deadline
By admin | December 12, 2008
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As reported by Reuters: “Station Casinos Inc adhering Friday before-mentioned it is extending the deadline of its obligation exchange sacrifice concerning the second unoccupied time this week, of the same kind with it struggles to win bondholder agreement to protract its misdoing maturities.
“The internet-based casino performer attached Monday extended its deadline till Thursday, following a statement be unconsumed week in which it related bondholders had told the company the offer was “deficient.”
“The recently made known deadline because of the offer is Dec 19, Station before-mentioned at a significant allowance to equality, accompanying senior jot down holders inmost nature offered $540 by $1,000 in liability and subordinated consideration holders offered only $200 by means of $1,000 of bonds…” in a release.
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“The company is seeking to bourse liability as being renovated transgression by longer maturities, and is offering the new fault
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