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Century Casinos Closes $ 27m Credit Agreement

Published: May 30, 2012; 12:38 · (Vindobona)

The Vienna-listed casino operator secured a $ 27m loan and intends to refund mortage debt.

Century Casinos Closes $ 27m Credit Agreement / Picture: © Flickr

Century Casinos, Inc. announced that, through its subsidiaries Century Resorts Alberta Inc. and Century Casino Calgary Inc., the company has agreed to the terms of a CAD 28m (approximately $ 27m based on the exchange rate in effect on May 23, 2012) credit agreement with Bank of Montreal ("BMO"). The Company drew $ 4m from the proceeds of the credit agreement and used $ 3m of cash on…

This article includes a total of 186 words.

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