The Mashantucket Pequot Tribal Nation of Connecticut has extended negotiations for $2.2 billion in gaming-related debt.
The tribe incurred the debt through the operation and expansion of the Foxwoods Resort Casino. Restructuring would lower the amount owed to creditors to about $1.3 billion. The tribe said it was waiting on a "declination letter" from the National Indian Gaming Commission that would affect the restructuring. Get the Story: