Great Canadian Gaming Corporation Announces Amendment to Debt Facilities and $80 Million Private Placement
Monday March 27, 3:01 am ET
RICHMOND, BRITISH COLUMBIA--(CCNMatthews - March 27, 2006) - Great Canadian Gaming Corporation (the "Corporation")(TSX:GCD - News) announced today that it has reached an agreement with the lenders of its syndicated bank credit facility and holders of its Series A and Series B Senior Secured Notes (collectively, the "Debt Facilities") to amend certain terms of its Debt Facilities. As part of the agreement to amend the Debt Facilities, the Corporation also announces an $80 million private equity placement.
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