"Jamul Casino's management team and JIVDC's effective leadership made this financial goal a reality. "KeyBanc Capital Markets, together with a syndicate of lenders, are dedicated to providing financial solutions required by Tribes and their gaming entities," said Ben Rechkemmer, Managing Director. The terms of this transaction will allow us to focus on our long-term financial stability and new projects that will continue to provide benefits for the Tribe." Pinto says, "We are thankful for the partnership with KeyBanc and appreciate their approach, flexibility, and collaboration. Proceeds from the Credit Facilities will be used to refinance existing debt, fund hotel construction, and pay transaction-related fees and expenses. Bank, PNC Bank, CIT Bank, and Columbia State Bank. The other lenders included Western Alliance Bank, Nevada State Bank, U.S. On March 29, 2023, the Jamul Indian Village Development Corporation (JIVDC), owner and operator of Jamul Casino and a wholly-owned enterprise of the Jamul Indian Village of California, closed on $515 million of Senior Secured Credit Facilities with a syndicate of commercial banks led by KeyBanc Capital Markets Inc. Jamul Indian Village Development Corporation Receives $515 Million Financiing 200 Room Hotel Receives Financing in Jamul, CA
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |