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Station Casinos extends forebearance period

Wednesday, April 15, 2009

Station Casinos obtained an amendment to its forbearance agreement from some of its senior and subordinated noteholders, which extended the forbearance period from 15 April to 15 May.

Noteholders involved include those of the $450 million, 6% senior notes due 2012, whose $13.5 million interest payment was not made on 1 April. The grace period within which the company must make the payment ends on 1 May 2009.


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Index
21 May
CFlux USD AAA  ↑ 96.2
CFlux USD AA  ↑

88.3
CFlux USD A  ↓ 84.1
CFlux USD BBB  ↓ 75.3
CFlux USD BB  ↓

74.1
CFlux USD EQ  ↑ 77.5

 

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