CasinoCityTimes.com

Gurus
News
Newsletter
Search News Subscribe
Stay informed with the
NEW Casino City Times newsletter!
Newsletter Signup
Stay informed with the
NEW Casino City Times newsletter!
Related Links
Related News
 

Foxwoods misses debt deadline

14 July 2010

CONNECTICUT -- Foxwoods missed a debt repayment deadline on Tuesday, The Norwich Bulletin reported.

The repayment is on $700 million line of credit owed to a group of financiers that includes Bank of America Corp., the report said.

Foxwoods is currently looking to "restructure" 2 billion in debt, Norwich Bulletin reported.

The tribe released a statement vowing to reach agreement with its lenders and stating strong commitment to resolving the debt, the report noted.

< Gaming News