- Full House Resorts (NASDAQ:FLL) prices its offering of $310M in aggregate principal amount of 8.25% senior secured notes due 2028 at a price of 100% of the principal amount of the notes.
- Offering of the Notes is expected to close on February 12, 2021.
- Net proceeds to redeem all of its outstanding senior secured notes due 2024; to fund the proposed expansion and redevelopment of the Bronco Billy’s Casino and Hotel in Cripple Creek, Colorado; to pay the transaction fees and expenses related to the offer and sale of the notes; to redeem all outstanding warrants for ~1M shares; and general corporate purposes.
- Press Release