Penn National Gaming Calls for Redemption of Notes

14 February 2006

WYOMISSING, Pennsylvania -- (PRESS RELEASE) -- Penn National Gaming, Inc. (PENN:Nasdaq) announced today that it has called for redemption all $175 million in aggregate principal amount of its outstanding 8 -7/8% Senior Subordinated Notes due March 15, 2010.

The redemption price is $1,044.38 per $1,000 principal amount, plus accrued and unpaid interest to the scheduled redemption date, which is March 15, 2006. The Company intends to fund the redemption of the Notes from available cash and borrowings under its revolving credit facility.

Related Links

Penn Entertainment

Penn National Gaming Calls for Redemption of Notes is republished from CasinoVendors.com

FEATURED iGAMING SUPPLIERS


Slotozilla Delivering trusted insights helping players worldwide make smarter, safer gambling choices.	Casino City Press A leading publisher and distributor of casino and gaming business data & market research reports.

Fast Offshore Online Gaming Licenses covering bingo, casino, eSports, lottery, poker, sportsbetting & more.	Casino Web Scripts Providing certified casino games & software with no monthly fees. Custom development available.

Cryptobanco High-volume crypto payouts and global treasury, simplified.	Mondogaming SRL A leading software provider of sportsbook platforms for B2B and B2C businesses.

SForest You build games. We handle the rest.