Boyd Gaming completes new bank credit facility

24 May 2007

LAS VEGAS, Nevada -- (PRESS RELEASE) -- Boyd Gaming Corporation (NYSE: BYD) today announced that it has completed its new $4 billion revolving credit facility. The new bank line replaces the Company's existing credit facility. Boyd Gaming will use the proceeds to finance development initiatives and other general corporate purposes, and will benefit from reduced interest costs and greater financial flexibility.

Drawn pricing on the facility will be based upon the Company's total leverage ratio and range between LIBOR +62.5 bps and 162.5 bps, with initial pricing set at LIBOR +100 bps. The joint lead arrangers for the credit facility are Bank of America, Citi, Deutsche Bank, JP Morgan, Merrill Lynch, Wachovia and Wells Fargo.


Related Links

Featured Vendors
Rymax Marketing Services, Inc.
Bar Maid Corporation
Rymax Marketing Services, Inc.
Leader in creating award winning player & employee loyalty programs & events proven to increase ROI
Bar Maid Corporation
Clean and dry thousands of chips, dice and tiles per hour with the high-speed CHIP CHAMPION machine!
Gaming Tickets, Inc.
Casino Schedule Ease
Gaming Tickets, Inc.
35 years in the gaming industry - premium quality slot tickets, lottery tickets on time under budget
Casino Schedule Ease
Get a 90-Day Free Trial of 100% contactless, customizable table game & full casino scheduling
Casino City Press
RSA Executive Search
Casino City Press
A leading publisher and distributor of casino and gaming business data and market research reports.
RSA Executive Search
A Boutique Search firm specializing in the Recruitment of Hospitality and Gaming Entrepreneurs
Betson Imperial Parts & Service
Breathe Easy with Smokefree Casinos- a project of the American Nonsmokers’ Rights Foundation
Betson Imperial Parts & Service
You one stop shop for all your gaming and OEM needs!
Breathe Easy with Smokefree Casinos- a project of the American Nonsmokers’ Rights Foundation
Breathe easier during COVID-19. We can help you reopen smokefree for everyone’s health.
Slot Machines Unlimited
TribalHub
Slot Machines Unlimited
Exporter of IGT, Williams, AVP, Trimline, Aristocrat, Konami, Bally, & parts over 20 yrs experience
TribalHub
22nd Annual TribalNet Conference & Tradeshow Nov 8-11, 2021 Gaylord Texan Resort, Grapevine TX
Casino Network
Casino Essentials
Casino Network
20+ years experience selling refurbished slot machines, parts & glass for all major brands
Casino Essentials
The Ultimate Online Training Platform for the Casino Industry
Broadband Hospitality
Slot-Tickets Worldwide
Broadband Hospitality
Improve these critical guest-facing amenities: In-room TV, Wi-Fi, Mobile App. Priced right. All here
Slot-Tickets Worldwide
Slot-Tickets® Worldwide, The Original and Still the Best.
Castle Merchandising Inc
Castle Merchandising Inc
Brand Name Products for your Player Rewards and Loyalty Programs


Your Guide to 15,635 Gaming Industry Suppliers