Brief
Bally’s Secures $560M Financing for Bronx Casino Project
Bally’s Corporation said Monday that it secured new financing led by WhiteHawk Capital Partners, LP to fund further development of the Bally’s Bronx project and general corporate purposes. The new fin
Summary
Bally’s Corporation said Monday that it secured new financing led by WhiteHawk Capital Partners, LP to fund further development of the Bally’s Bronx project and general corporate purposes.
The new financing comprises closing-date term loan commitments in an aggregate principal amount of $400 million and delayed-draw term loan commitments in an aggregate principal amount of $160 million.
Proceeds of the loans will be used to fund certain pre-construction costs and expenditures associated...
Source
- Connect CREconnectcre.com
