The Dry Creek Rancheria
Band of Pomo Indians of California reached a deal to restructure $200
million in casino debt.
The tribe faced a November 1 deadline to pay the debt. But creditors agreed not to pursue default pending a restructure, The Santa Rosa Press-Democrat reported.
The tribe will issue $27.6 million in new debt, the paper said.
Get the Story:
River Rock strikes deal to restructure $200 million in debt
(The Santa Rosa Press-Democrat 11/3)
Related Stories:
Opinion: Dry Creek Rancheria faces
gaming debt deadline (11/1)
Dry Creek Rancheria in rush to pay off
$200M casino debt (10/21)
California
Dry Creek Rancheria reaches deal for $200M in casino debt
Thursday, November 3, 2011
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