Turning Stone Resort Casino gets $215 million credit facility

By Sara Rosenberg

New York, March 20 - Turning Stone Resort Casino LLC closed on a $215 million five-year senior secured credit facility on Wednesday, according to a market source.

RBS Citizens, M&T Bank and Keybanc Capital Markets are the lead banks on the deal.

The facility consists of a $120 million revolver and a $95 million term loan A, the source said.

Proceeds are being used to refinance existing debt and for general corporate purposes.

Turning Stone is a Verona, N.Y.-based operator of gaming facilities.

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