Station Casinos is tapping the remainder of its credit line in a move bond analysts say could indicate a restructuring that could soon include a bankruptcy filing.
The locals gaming company requested the $257 million remaining in the credit line on Friday, with $239 million of the request funded that day, according to a filing Monday with the Securities and Exchange Commission.
Station Casinos is tapping the remainder of its credit line in a move bond analysts say could indicate a restructuring that could soon include a bankruptcy filing.
The locals gaming company requested the $257 million remaining in the credit line on Friday, with $239 million of the request funded that day, according to a filing Monday with the Securities and Exchange Commission.
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