Ameristar (ASCA) Reports Early Results from $650M Senior Notes Tender

April 12, 2011 6:42 AM EDT
Ameristar Casinos, Inc. (Nasdaq: ASCA) reports early results for $650 million 9.25 percent Senior Note due 2014 tender offer.

From the release:

"As of 5:00 p.m., New York City time, on April 11, 2011, an aggregate of $649,531,000 in principal amount of the Notes had been validly tendered and not validly withdrawn in the Offer. Additionally, as of the Consent Expiration, Ameristar had received valid consents to the proposed amendments to the Indenture from holders of $649,531,000 in aggregate principal amount of the Notes, or 99.9% of the outstanding aggregate principal amount of the Notes. As a result, Ameristar has received the requisite consents to enter into a supplemental indenture to amend the Indenture, and Ameristar and the trustee under the Indenture have executed such Supplemental Indenture."


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