777 Casino Online - MGM MIRAGE Announces Proposed Private Offering (Press Release)

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Wednesday, 10 March 2010 06:10

LAS VEGAS, March 9 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM) today announced that it proposes to offer up to $845 million in aggregate principal amount of senior secured notes due 2020 in a private placement. The Company plans to use the net proceeds from the offering to repay a portion of the outstanding indebtedness under its senior credit facility and related fees and expenses. The notes will be secured by a mortgage on MGM Grand Las Vegas and substantially all existing and fut
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