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Aztar refinances debt

Monday, Oct. 4, 1999 | 11:59 a.m.

Aztar Corp. said it completed the previously announced refinancing of $180 million of 13.75 percent senior subordinated notes, replacing that debt with a revolving back credit facility with a current interest rate of 7.5 percent annually.

Aztar operates the Tropicana hotel-casinos in Las Vegas and Atlantic City, the Ramada Express in Laughlin, and Casino Aztars in Caruthersville, Mo., and Evansville, Ind.

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