![]() The Company intends to use the net proceeds of the offering, together with borrowings under the Company's revolving credit facility, (i) to make a distribution of approximately $344 million to holders of the Company's outstanding limited liability company interests, including the Company's parent, Red Rock Resorts, Inc., (ii) to pay the purchase price for shares of Class A Common Stock tendered in RRR's offer to purchase up to $350 million of its Class A Common Stock, (iii) to pay fees and costs associated with such transactions and (iv) for general corporate purposes. Class A Report, announced today it priced an offering of $500 million in aggregate principal amount of senior notes due 2031 (the "Notes") at an interest rate of 4.625% per annum and an issue price equal to 100% of the principal amount of the Notes The offering is expected to close on or about November 26, 2021, subject to customary closing conditions. 10, 2021 /PRNewswire/ - Station Casinos LLC (the "Company"), a consolidated subsidiary of Red Rock Resorts, Inc. Station Casinos LLC Announces Pricing Of Senior Notes Offering ![]()
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