Peppermill Casinos Inc.
|Deal Type||Debt Capital Markets|
Senior Secured Credit Facilities
|Client & Transactional Partners||Peppermill Casinos Inc.||Our Role||
Joint Lead Arranger
On August 29, 2019, KeyBanc Capital Markets Inc. (“KBCM") successfully closed $625 million of Senior Secured Credit Facilities for Peppermill Casinos Inc. (“Peppermill” or the “Company”), consisting of a $325 million Revolver and a $300 million Term Loan A (the “Credit Facilities”). Proceeds from the Credit Facilities will be used to refinance existing indebtedness, fund working capital needs, capital expenditures, general corporate purposes, and pay fees and expenses related to the transaction. KBCM acted as Joint Lead Arranger, Joint Bookrunner and Co-Syndication Agent on the transaction.
KBCM was selected as Joint Lead Arranger due to its long-standing relationship with the Company, extensive industry knowledge and robust debt capital markets platform.