Ameristar Casinos Announces Expiration and Final Results of Tender Offer and Consent Solicitation for Its 9 1/4% Senior Notes Due 2014

Ameristar Casinos, Inc. ASCA announced today that its cash tender offer for any and all of the outstanding $650,000,000 aggregate principal amount of its 9¼% Senior Notes due 2014 and related solicitation of consents to certain proposed amendments to the indenture governing the Notes expired at 11:59 p.m., New York City time, on April 25, 2011. A total of $649,533,000 in aggregate principal amount of the Notes was validly tendered and not validly withdrawn in the Offer prior to the Expiration Time, and all of such Notes have been accepted for purchase in accordance with the terms of the Offer. Holders who validly tendered their Notes at or prior to the Expiration Time but after the consent expiration deadline of 5:00 p.m., New York City time, on April 11, 2011, are expected to receive payment on April 26, 2011, the final settlement date.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsOfferingsCasinos & GamingConsumer Discretionary
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!