Boyd Gaming announces private offering of $500 million senior notes due 2025
13 May 2020
(PRESS RELEASE) — Boyd Gaming Corporation today announced that it is offering $500 million aggregate principal amount of senior notes due 2025 in a private placement transaction, subject to market and certain other conditions. The notes will be fully and unconditionally guaranteed by certain of the Company’s current and future domestic restricted subsidiaries.
The Company intends to use the proceeds from the offering for general corporate purposes, including working capital, and to pay fees and expenses related to this offering.
The notes are being offered and sold to persons reasonably believed to be qualified institutional buyers in the United States in compliance with Rule 144A under the Securities Act of 1933, as amended and to non-U.S. persons outside the United States in compliance with Regulation S under the Securities Act. The notes being offered have not been registered under the Securities Act, or applicable state securities laws or blue sky laws, and may not be offered or sold in the United States absent registration under the Securities Act and applicable state securities laws or available exemptions from such registration requirements. This announcement shall not constitute an offer to sell or the solicitation of an offer to buy the notes.
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