NEW YORK ( The Deal) -- Mohegan Tribal Gaming Authority, the Native American tribal entity that operates the Mohegan Sun casino, announced on Tuesday, July 23, that it has opened a consent solicitation asking its most senior class of noteholders to amend a covenant in order to pave the way to refinance subordinated debt.Uncasville, Conn.-based Mohegan already refinanced its debt in Feb. 2012, but a restructuring professional who has experience in the tribal gaming space thinks this additional refinancing is a logical move.
The Deal: Mohegan Sun Operator Asks to Amend Covenant
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