Penn National Acquires Harrah's St. Louis for $610M
Reprints
Email
Print
Follow this Story
Penn National pays $610 for
Harrah's St. Louis, which is
being rebranded as Hollywood
Casino St. Louis.
ST. LOUIS-Penn National Gaming has expanded its existing credit facilities amounting $2.15 billion by $1 billion and spent $610 million to acquire Harrah's St. Louis from Las Vegas-based Caesars Entertainment. Joint lead arrangers included Bank of America NA, Commerzbank AG, Fifth Third Bank, Merrill Lynch, Pierce, Fenner & Smith Inc., New York and Grand Cayman Branches, RBS Securities Inc., UBS Securities LLC and Wells Fargo Securities LLC.
After a $61-million makeover, the gaming and lodging facility reopened on November 2 as Hollywood Casino St. Louis. For the full story, go to St. Louis Business Journal .
GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.
You can now be notified via email if this story is updated by clicking on the "Follow this Story" link. You must be a registered member to take advantage of this "members only" benefit.
Mobile
RSS
Post your comments to join our commentary leader board.
