Boyd Gaming announces $500 million offer

11 June 2018

(PRESS RELEASE) -- Boyd Gaming Corporation today announced that it is offering $500 million aggregate principal amount of eight-year senior notes in a private placement transaction, subject to market and certain other conditions. The senior notes will be fully and unconditionally guaranteed by certain of the company's current and future domestic restricted subsidiaries.

Subject to the satisfaction of certain conditions, the company expects approximately $492 million in net proceeds from the sale of the notes. The company intends to use the net proceeds in the future for working capital and general corporate purposes, which may include, without limitation, reducing or refinancing indebtedness, expansion efforts, including acquisitions of assets or businesses, and general capital expenditures. Upon the closing of this offering, the company will use the net proceeds to pay down the outstanding amounts under its senior secured revolving credit facility and will retain the balance of the net proceeds as additional cash on hand or invest the balance of the net proceeds in cash equivalents and short-term marketable securities.

The senior notes being offered have not been, and will not be, registered under the Securities Act of 1933, as amended, 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 senior notes.

Related Links
Boyd Gaming Corporation Gaming Vendor Information

Featured Vendors
Rymax Marketing Services, Inc.
Talisman Group Creators of EZ Baccarat
Rymax Marketing Services, Inc.
Leader in creating award winning player & employee loyalty programs & events proven to increase ROI
Talisman Group Creators of EZ Baccarat
With over 800 tables in 150+ casinos, EZ Baccarat is the number one brand in baccarat.
Plastic Card ID
Kallop
Plastic Card ID
The World’s Lowest Prices on Printed Plastic Cards and Card Printers!
Kallop
Reward every play like a VIP with exclusive luxury brands at affordable prices.
Casino City Press
Broadband Hospitality
Casino City Press
A leading publisher and distributor of casino and gaming business data and market research reports.
Broadband Hospitality
Improve these critical guest-facing amenities: In-room TV, Wi-Fi, Mobile App. Priced right. All here
.Dot-iGaming.com
TOP ONE TECH LIMITED
.Dot-iGaming.com
Fully loaded advanced casino platform. One time (low) fee, 100% your property, start now!
TOP ONE TECH LIMITED
GLOBAL TOUCH SOLUTION PARTNER OF CHOICE,10+ years OEM manufacturing,100+ thousand units application
TDN Money Systems
Casino Network
TDN Money Systems
Cage, cash/chip handling experts representing CountR, ARCA, AccuCASH, Fujitsu & NCR
Casino Network
20+ years experience selling refurbished slot machines, parts & glass for all major brands
Sunkist Graphics, Inc.
Oklahoma Indian Gaming Association (OIGA) Conference
Sunkist Graphics, Inc.
Specializing in the creation of best-of-breed gaming graphics - slot glass, sign faces, and more
Oklahoma Indian Gaming Association (OIGA) Conference
The biggest little show in Indian gaming! Save the date: Aug 9-11, 2022 in Tulsa!
Betson Imperial Parts & Service
Casino Schedule Ease
Betson Imperial Parts & Service
Your one stop shop for all your gaming and OEM needs!
Casino Schedule Ease
Get a 90-Day Free Trial of 100% contactless, customizable table game & full casino scheduling
Global Gaming Expo (G2E)
AmericanChecked
Global Gaming Expo (G2E)
The largest gathering of global, commercial and tribal gaming professionals in North America.
AmericanChecked
Background checks for the gaming industry with key & non-key packages & fingerprinting solutions
TribalHub
Imagine This
TribalHub
23rd Annual TribalNet Conference Sept 12-15, 2022 Grand Sierra Resort & Casino in Reno, NV
Imagine This
Imagine This #1 Source for Player Gifts. Over $50 million in stock ready to ship! Let us serve you!


Your Guide to 15,524 Gaming Industry Suppliers