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Stock impact report

Golden Entertainment Announces Repricing of Term Loan [Yahoo! Finance]

Golden Entertainment, Inc. (GDEN) 
Last golden entertainment, inc. earnings: 3/12 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: goldenent.com/investors
Company Research Source: Yahoo! Finance
repriced and allocated its existing term loan credit facility due 2030 (the "Term Loan Facility"). The repricing amendment, which is subject to execution of definitive documentation and customary closing conditions, will reduce the applicable margin under the Term Loan Facility by 50 basis points, such that base rate loans and SOFR loans will bear interest at the applicable base rate plus 1.25% and 2.25%, respectively. In addition, the repricing amendment will eliminate the Term SOFR Adjustment of 10 basis points with respect to loans under the Term Loan Facility, for a total interest rate reduction of 60 basis points. Santander and Deutsche Bank Securities acted as lead arrangers on the transaction. Latham & Watkins acted as legal counsel to Golden Entertainment and Cahill Gordon & Reindel acted as legal counsel to the lead arrangers. Forward-Looking Statements This press release contains forward-looking statements regarding future events and the Company's future results that a Show less Read more
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