New Issue-Ameristar Casinos adds $150 mln to 5-yr sr notes
May 21 (Reuters) - Las Vegas-based Ameristar Casinos Inc
(ASCA.O) on Thursday added $150 million to its existing 9.25
percent senior notes due June 2014 in the 144a private
placement market, said IFR, a Thomson Reuters service.
The company had originally sold $500 million of the notes on May 12.
Bank of America, Deutsche Bank, and Wachovia were the joint bookrunning managers for the sale. BORROWER: AMERISTAR CASINOS INC AMT $150 MLN* COUPON 9.25 PCT MATURITY 6/1/2014 TYPE SR NOTES ISS PRICE 100 FIRST PAY 12/1/2009 MOODY'S B2 YIELD 9.25 PCT SETTLEMENT 5/27/2009 S&P B-PLUS SPREAD 726 BPS PAY FREQ SEMI-ANNUAL FITCH N/A MORE THAN TREAS NON-CALLABLE 2.5 YEARS** *FULLY FUNGIBLE WITH EXISTING $500 MLN NOTES **CALL SCHEDULE: 12/1/2011 AT 104.625, 102.313, 100 MAKE-WHOLE CALL 50 BPS EQUITY CLAW 2Y 35 PCT AT 109.25
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