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Boyd Gaming Corporation Announces Offering Of Common Stock

Stocks in this article: BYD









LAS VEGAS, July 31, 2013 /PRNewswire/ -- Boyd Gaming Corporation (NYSE: BYD) (the "Company") today announced that it is offering 15,000,000 shares of its common stock in an underwritten registered public offering. In connection with this offering, the Company will grant the underwriters a 30-day option to purchase up to an additional 2,250,000 shares of common stock.

(Logo:  http://photos.prnewswire.com/prnh/20030219/BOYDLOGO)

The Company intends to use the net proceeds from the offering to redeem a portion of the Company's 7.125% Senior Subordinated Notes due 2016 and for general corporate purposes. 

Deutsche Bank Securities and J.P. Morgan are acting as joint book-running managers for the offering.

A registration statement relating to these securities was declared effective by the Securities and Exchange Commission on July 3, 2012. This offering is being made by the Company only by means of a written prospectus, including a prospectus supplement, forming part of the effective registration statement. Copies of the prospectus relating to the offering, when available, may be obtained from the offices of Deutsche Bank Securities Inc., Attention: Prospectus Group, 60 Wall Street, New York, NY 10005-2836, email: prospectus.cpdg@db.com, or by telephone at (800) 503-4611; and J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, or by telephone at (866) 803-9204.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.



Forward-Looking Statements Except for historical information contained herein, the matters set forth in this release are forward-looking statements. The forward-looking statements set forth above involve a number of risks and uncertainties that could cause actual results to differ materially from any such statement, including the risks and uncertainties discussed in the Company's safe harbor compliance statement for forward-looking statements included in the Company's recent filings, including Forms 10-K, 10-Q and 8-K, with the Securities and Exchange Commission.  In particular, there can be no assurances that the offering of the common stock will be consummated.

SOURCE Boyd Gaming Corporation

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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