Boyd calls all $350 million Peninsula Gaming 8 3/8% notes due 2018

By Marisa Wong

Morgantown, W.Va., Aug. 4 – Boyd Gaming Corp. gave notice that it will redeem all of the outstanding 8 3/8% senior notes due 2018 issued by Peninsula Gaming.

The notes will be redeemed on Sept. 2 at par plus accrued interest through the redemption date, according to an 8-K filing with the Securities and Exchange Commission.

There is $350 million principal amount of the notes outstanding.

The redemption will be funded using cash on hand.

Boyd is a Las Vegas-based owner and operator of gaming entertainment properties. It acquired Peninsula Gaming in 2012.

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