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Mohegan Announces Closing of Refinancing Transactions

  • Mohegan announced refinancing transactions, including issuing new secured notes, on April 10, 2025, in Uncasville, Connecticut.
  • The company expects the issuance is the initial action for completing significant refinancing transactions.
  • The transactions involve a $750 million offering of 8.250% senior secured notes and a new credit agreement.
  • Mohegan Escrow Issuer, LLC issued $750 million in 8.250% senior secured notes due in 2030.
  • If specific conditions are unmet by May 10, 2025, the Escrow Issuer must redeem the notes.
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Rutland HeraldRutland Herald
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Mohegan Announces Closing of Refinancing Transactions

UNCASVILLE, Conn., April 10, 2025 /PRNewswire/ -- Mohegan Tribal Gaming Authority ("Mohegan," the "Company," "we" or "our") today announced the issuance of $1.2 billion in new secured notes as a first step in the expected closing of significant refinancing transactions,…

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The Progress broke the news in Clearfield, United States on Thursday, April 10, 2025.
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