by MBJ Staff Published: July 8,2014
Tags: casino, credit, credit facility, debt, Fitz Tunica, Fitzgerald's, gambling, gaming, lien, Majestic Star Casino
TUNICA — The Majestic Star Casino, LLC intends to consider alternative debt structures to refinance its existing first lien senior secured credit facility due Dec. 1, 2014, and second lien secured notes due Dec. 1, 2016. Proceeds from the refinancing will refinance commitments under the credit facility and the current principal balance on the notes. […] [...]
by MBJ Staff Published: October 25,2013
Tags: agriculture, bank, banking, Chicken, credit, credit facility, finance, financial institution, poultry, Sanderson Farms Inc. Joe F. Sanderson Jr.
LAUREL — Sanderson Farms Inc.’s existing revolving credit facility through a consortium of banks has been increased from $500 million to $600 million. The credit remains unsecured and certain covenants related to the poultry company’s financial condition and capital expenditure needs have been amended in anticipation of Sanderson’s future growth plans. In addition, the termination […] [...]