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Graton Rancheria secures $850M in financing for casino project
Friday, August 17, 2012
The Federated Indians of
Graton Rancheria in California has secured $850 million in financing for its casino.
The financing consists of a $375 million loan and a $450 million combination of bonds and a development loan.
It's believed to be the largest package for a tribal gaming facility.
Station Casinos is developing the casino for the tribe.
Get the Story:
$850 million secured for Rohnert Park casino, backer says
(The Santa Rosa Press-Democrat 8/16)
Station Casinos poised to pay down $150 million in debt
(Vegas Inc 8/15)
Related Stories:
Graton Rancheria to make $194M payment
to gaming partner (8/15)