Dry Creek Rancheria reaches deal for $200M in casino debt

Thursday, November 3, 2011  

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)

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Opinion: Dry Creek Rancheria faces gaming debt deadline (11/1)
Dry Creek Rancheria in rush to pay off $200M casino debt (10/21)