Reported Earlier, Red Rock Resorts Subsidiary Station Casinos Prices $500M 6.625% Senior Notes Due 2032
Author: Benzinga Newsdesk | March 08, 2024 03:00am
Station Casinos LLC (the "Company"), a consolidated subsidiary of Red Rock Resorts, Inc. (NASDAQ:RRR), announced today it priced its previously announced offering of Senior Notes due 2032 (the "Notes") at an interest rate of 6.625% per annum and an issue price equal to 100% of the principal amount of the Notes. The offering is expected to close on or about March 14, 2024, subject to customary closing conditions. The aggregate principal amount of the Notes to be issued in the offering was decreased to $500.0 million from the previously announced $750.0 million
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