|November 4, 2012|
|10:54 EDT||PENN||Penn National closes on $1B expansion of senior secured credit facilities|
Penn National Gaming announced that it expanded its existing secured $2.15B of senior secured credit facilities by $1B. Under the original terms of the senior secured credit facilities entered into in July 2011, Penn National had the option to increase the amounts of the facilities at prevailing market rates, subject to obtaining commitments from lenders, pro forma compliance with financial covenants and other customary conditions.
News For PENN From The Last 14 Days
Check below for free stories on PENN the last two weeks.
|September 29, 2014|
|07:23 EDT||PENN||UBS & Deutsche Bank to co-host a forum|
Gaming Investment Forum to be held in Las Vegas on September 29-30 with webcasted company presentations to begin on September 29 at 12 pm; not all company presentations may be webcasted. Webcast Link
|September 26, 2014|
|09:33 EDT||PENN||Nevada reports August statewide gaming win down 3.66% to $920.29M |
Nevada reports August Las Vegas Strip gaming win down 6.08% to $553.19M. Publicly traded companies in the space include Boyd Gaming (BYD), Caesar's (CZR), Las Vegas Sands (LVS), MGM Resorts (MGM), Penn National (PENN) and Wynn Resorts (WYNN).
|September 25, 2014|
|06:41 EDT||PENN||Barclays remains positive on Penn National|
Barclays said gaming repeal efforts are subsiding in Massachusetts and upcoming catalysts for Penn National are not being reflected in shares. The analyst remains positive on Penn National's outlook and expects the opening of 1250 slots at Plainridge Park in June 2015 could add $3 per share in valuation and potential permitting and construction delays for Wynn (WYNN) could give Penn a head start. Lastly, Barclays believes the Hollywood Jamui project expected in 2016 could add $2 per share in valuation. Shares are Overweight rated.
|September 19, 2014|
|07:03 EDT||PENN||Penn National names CEO Timothy Wilmott to board of directors|
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