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Kerzner gets $650 million amended, restated revolver
By Sara Rosenberg
New York, Nov. 7 - Kerzner International Ltd. amended and restated its revolving credit facility, increasing borrowing capacity to $650 million from $500 million, according to a company news release.
Furthermore, the amendment and restatement modified some pricing and financial covenants.
The transaction was completed on Oct. 31.
Kerzner is a Paradise Island, Bahamas-based developer and operator of destination resorts, casinos and luxury hotels.
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