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Home Forums Penn National Gaming (PENN) Penn National Seeks Redemption Of Notes

Penn National Seeks Redemption Of Notes
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12:21 pm
10/29/09


Joseph Rantago

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Penn National Gaming (PENN: 26.56 0.00%) has announced their plans to use available cash and borrowing under its revolving credit facility to redeem $105 million worth of senior subordinate notes.

The notes would have reached maturity in 2011 at an interest rate of …


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