Boyd Gaming could draw on revolver for proposed acquisition of Station Casinos

By Sara Rosenberg

New York, Feb. 23 - Boyd Gaming Corp. could use borrowings under its revolving credit facility to fund a proposed purchase of Station Casinos Inc.'s "OpCo" assets, according to a news release.

Boyd has sent a non-binding preliminary indication of interest to Station's offer to purchase the assets for about $950 million in cash.

As of Dec. 31, Boyd had about $2 billion in available liquidity under its revolver.

Boyd is a Las Vegas-based gaming company.

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