In its Gaming And Lodging Daily Digest, Jefferies provided two brief updates:
(1) MGM Resorts International's MGM CityCenter Holdings has completed $2.0B refinancing of $1.8B credit facility.
(2) Morgans Hotel Group Co. MHGC eliminated $10.5M of debt by transferring its interests in the property across the street from the Delano
MGM Resorts closed Friday at $16.76; Morgans Hotel Group closed at $10.21.
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