Media Contact:
Michelle Murray
Director of Marketing & Communications
Phone: 212.701.3614
Fax: 212.378.2410
mmurray@cahill.com

Legal News

MTR Gaming Completes Notes Offering, Credit Facility and Tender Offer

Date: 08/01/11

Cahill represented J.P. Morgan as sole book-running manager in the Rule 144A/Reg S offering of $565,000,000 11.5% Senior Secured Second Lien Notes due 2019 by MTR Gaming Group, Inc. The proceeds will be used to refinance existing indebtedness and for general corporate purposes. Cahill represented J.P. Morgan as dealer manager in connection with the concurrent tender offer and consent solicitation for any and all of MTR's existing 9% Senior Subordinated Notes due 2012 and 12.625% Senior Secured Notes due 2014.

Cahill also represented JPMorgan Chase Bank as administrative agent in connection with the $20,000,000 revolving credit facility by MTR Gaming Group. The proceeds will be used for general corporate purposes.

Media Contact:
Michelle Murray
Director of Marketing & Communications
Phone: 212.701.3614
Fax: 212.378.2410
mmurray@cahill.com