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Boyd Gaming Corporation Offering of $200 Million Senior Notes

12 July 2001

LAS VEGAS, Nevada – (Press Release) -- July 12, 2001 -- Boyd Gaming Corporation (NYSE: BYD) today announced that it intends to issue $200 million of 8-year senior notes pursuant to a private placement. The Company stated that it intends to use the net proceeds of the offering to refinance outstanding indebtedness.

The securities to be offered will not be registered under the Securities Act of 1933, as amended, or applicable state securities laws, and may not be offered or sold in the United States absent registration under the Securities Act and applicable state securities laws or available exemptions from the registration requirements.

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