![]() LLC, which advised about half of the casino's creditors. "This was the most complicated deal we have ever worked on," said Soren Reynertson, a managing general partner at New York-based GLC Advisors & Co. The deal, announced on July 1 by the casino's owner, the Mashantucket Pequot Tribal Nation, was touted by sources familiar with the restructuring as the most complex restructuring involving a Native American tribe in history. NEW YORK ( TheStreet) - The restructuring of Foxwoods Resort Casino's $2.3 billion in debt has concluded with an out-of-court agreement after four years of negotiations, eliminating $550 million in debt obligations and pushing back debt maturity dates.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |