Key Developments For Ameristar Casinos, Inc.
Ameristar Casinos, Inc. (ASCA.O) (Nasdaq)
Ameristar Casinos, Inc. Declares Cash Dividend
Ameristar Casinos, Inc. announced that its Board of Directors has declared a quarterly cash dividend of $0.105 per share, payable on December 15, 2009, to stockholders of record as of December 1, 2009.
Ameristar Casinos, Inc. Declares Cash Dividend
Ameristar Casinos, Inc. announced that its Board of Directors has declared a quarterly cash dividend of $.105 per share, payable on October 6, 2009 to stockholders of record as of September 24, 2009.
Ameristar Casinos, Inc. Declares Cash Dividend
Ameristar Casinos, Inc. announced that its Board of Directors has declared a quarterly cash dividend of $0.105 per share, payable on July 27, 2009 to stockholders of record as of July 17, 2009.
Ameristar Casinos, Inc. Completes Senior Notes Offerings
Ameristar Casinos, Inc. announced that it has completed its previously announced private offerings of $650 million aggregate principal amount of 9-1/4% senior unsecured notes due 2014. $500 million aggregate principal amount of the notes were sold at a price of 97.097% of the principal amount and $150 million aggregate principal amount of the notes were sold at a price of 100% of the principal amount. The net proceeds from the offerings of approximately $620 million were used to prepay and permanently retire a portion of the outstanding revolving loans and revolving loan commitments under the Company's senior secured credit facility.
Ameristar Casinos, Inc. Announces Add On To Senior Notes Offering
Ameristar Casinos, Inc. announced that on May 12, 2009 it has agreed to sell $500 million aggregate principal amount of 9.25% senior unsecured notes due 2014 and now plans to offer an additional $150 million aggregate principal amount of these notes. The Company will use the net proceeds from these offerings to prepay and permanently retire a portion of the revolving loans outstanding under its senior secured credit facility. The additional $150 million aggregate principal amount of notes are being offered only to qualified institutional buyers under Rule 144A and outside the United States in compliance with Regulation S under the Securities Act.
