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Greektown explores options for refinancing 13% secured notes due 2015
By Susanna Moon
Chicago, June 18 - Greektown Superholdings, Inc. is exploring alternatives for refinancing its 13% senior secured notes prior to maturity on July 1, 2015, according to an 8-K filing with the Securities and Exchange Commission.
The company said its ability to refinance the notes is subject to numerous uncertainties, including the availability of financing on acceptable terms, market conditions and the receipt of required regulatory approvals.
There can be no assurance that any refinancing will occur, the filing noted.
Greektown is a Detroit casino operator.
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