Pinnacle Entertainment (PNK) Extends Expiration Date of $385 Million Offering

June 9, 2008 8:04 AM EDT

Pinnacle Entertainment, Inc. (NYSE: PNK) has extended the expiration date of its offer to exchange up to $385,000,000 in aggregate principal amount of its currently outstanding 7.50% Senior Subordinated Notes due 2015 that were issued and sold in transactions exempt from registration under the Securities Act of 1933, as amended for up to $385,000,000 in aggregate principal amount of its new 7.50% Senior Subordinated Notes due 2015 that have been registered with the Securities and Exchange Commission. The offer, which was scheduled to expire at 5:00 p.m., New York City time, on Friday, June 6, 2008, has been extended until 5:00 p.m., New York City time, on Monday, June 9, 2008, unless extended.

The extension has been made to allow holders of outstanding Original Notes who have not yet tendered their Original Notes to do so. As of the close of business on June 6, 2008, approximately $384,930,000 in aggregate principal amount of Senior Subordinated Notes had been validly tendered for exchange and not withdrawn. The Bank of New York Trust Company, N.A., has been appointed as the exchange agent for the exchange offer.[SM]


Related Categories

Equity Offerings

Stocks Mentioned

PNK 4.97

+0.29 +6.20%
Volume: 1,615,977
Track PNK


Add Your Comment