MGM Mirage gets extension for $70M that was due Monday

04/14/2009 | Reuters · KTNV-TV (Las Vegas)

MGM Mirage received an extension from its lender and now has until Friday to pay $35 million in construction costs for its Las Vegas CityCenter project. The new agreement also will let MGM Mirage pay Dubai World's share of $35 million if that company does not pay. MGM Mirage said the company is committed "to ensure the completion of this important project."

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Reuters · KTNV-TV (Las Vegas)

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