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Stock Market & Financial Investment News

News Breaks
January 9, 2014
08:03 EDTMNTGMTR Gaming announces receipt of requisite consents
MTR Gaming announced that its previously announced consent solicitation with respect to proposed amendments to the indenture governing the company’s 11.50% senior secured second lien notes due 2019, of which $570,664,114 in aggregate principal amount is outstanding, expired at on January 8. As of the expiration time, $293,509,335 in principal amount of the notes validly delivered a duly executed consent for the proposed amendments. Accordingly, the consents received exceed the number needed to approve the proposed amendments to the Indenture. In the event that certain conditions are satisfied, including the company and Eldorado closing the transactions contemplated by the merger agreement, the company will effect the proposed amendments by entering into a supplemental indenture to the Indenture governing the notes. The company did not pay a consent fee to any registered holder of the notes in connection with the consent solicitation.
News For MNTG From The Last 14 Days
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September 19, 2014
06:07 EDTMNTGEmrise Corporation completes merger with MTR Gaming
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September 17, 2014
16:35 EDTMNTGMTR Gaming, Eldorado HoldCo receive approval for proposed merger
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