12:12 PM EST, 03/07/2024 (MT Newswires) -- Red Rock Resorts' ( RRR ) Station Casinos unit said Thursday it plans to offer a $750 million aggregate principal amount of senior notes due 2032 in a private placement.

The unit also expects to amend and refinance a June 2016 credit agreement with a group of lenders and Deutsche Bank's ( DB ) Cayman Islands branch to provide for a new $1.32 billion senior secured term B loan facility and a new $1.1 billion senior secured revolving credit facility, as well as other amendments.

Station Casinos said funds from the offering and amended credit deal will be used to refinance loans under the same credit agreement and for general working capital.

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