Full House Resorts (FLL) Amends Nevada State Bank Credit Facility

July 1, 2009 9:12 AM EDT
Full House Resorts (NYSE: FLL) announced that it has amended its Nevada State Bank Credit Facility to increase the size of the facility by $750,000. The expanded facility size has been used to repay in full the Peters' Family Trust promissory note. Overall debt outstanding and availability on the credit facility remain approximately the same and terms of the Nevada State Bank credit facility also remain substantially unchanged. The Company did not incur any significant cost to obtain the amendment.

"The amendment is not expected to impact the financial performance of the Company and does not affect near-term liquidity; however, it does improve the Company's financial flexibility," said Mark Miller, Chief Financial Officer and Chief Operating Officer of Full House.
Subscribe to EasyStockAlerts.com & Get real-time e-mail alerts when news hits your stocks!

You May Also Be Interested In

Related Categories

Corporate News