Boyd Gaming aims for financial flexibility with bank deal

12/22/2009 | Las Vegas Review-Journal · Las Vegas Sun

Boyd Gaming Corp. amended a bank credit facility to allow greater financial flexibility, but the move also decreases the amount available for borrowing by $1 billion. Boyd Gaming put in a $2.45 billion offer for the bankrupt Station Casinos on Dec. 18. "While not required by our lenders, this amendment provides us with enhanced flexibility and furthers our ability to pursue potential strategic growth opportunities in the future," said Keith Smith, Boyd's president and CEO.

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Las Vegas Review-Journal · Las Vegas Sun

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