Pharma Investments, Ventures & Law Weekly
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MGM Mirage
MGM MIRAGE Announces Expiration of the Tender Offer for Senior Notes Maturing in 2009
June 28th, 2009
MGM MIRAGE (NYSE:MGM) announced the final results of the cash tender offer (the "Offer") to purchase any and all of the 6.50% senior notes due July 31, 2009 ($226.3 million aggregate principal amount; CUSIP No. 562567 AM9) of Mandalay Resort Group, and its 6.00% senior notes due October 1, 2009 ($820.0 million aggregate principal amount; CUSIP No. 552953 AF8) collectively (the "Notes"). As of 11:59 p.m., New York City time, on June 10, 2009, which was the "Expiration Date" for the Offer, the Company received valid tenders from holders of $122.3 million in aggregate principal amount of the 6.50% senior notes (approximately 54% of the outstanding) and $762.6 million in...
Source: Pharma Investments, Ventures & Law Weekly (2009-06-28)
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