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twitterCasino to sell notes
Thursday, Sept. 11, 2003 | 11:12 a.m.
MGM Mirage, the third-largest U.S. casino company, plans to sell $400 million of six-year notes, the company said in a filing.
The notes will yield about 6 percent, and the sale may conclude today, said people familiar with the offering who declined to be named.
Funds raised through the sale will be used to pay debt from a line of credit and for general purposes, the filing said. Bank of America Corp., Citigroup Inc., Deutsche Bank AG and J.P. Morgan Chase & Co. are managing the offering, the statement said.
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