MTR Gaming Group Offering $10 Million In Notes
Stock quotes in this article:
MNTG
CHESTER, W.Va. (AP) — Horse racing track and casino operator MTR Gaming Group Inc. said Thursday it is offering $10 million in senior notes.
The company is offering the 12.625 percent senior secured notes due 2014 at an issue price equal to 96 percent of the principal amount of the additional notes. The additional notes will form a part of the same series as the company's outstanding 12.625 percent senior secured notes due 2014 issued on Aug. 12. The company said it would use proceeds for general corporate purposes. Shares rose 5 cents to $2.95 in morning trading.- Loading Comments...
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