wild rose casino in jefferson iowa some flexibility on its credit agreement with Deutsche Bank.The Credit Agreement Amendment amends the Credit Agreement to, among other things: (i) implement a financial covenant relief period through April 1, 2021 (unless earlier terminated by WRF) and (ii) implement a financial covenant increase period commencing on the first day after the expiration of the Financial Covenant Relief Period and ending on the first day of the fourth fiscal quarter after the expiration of the Financial Covenant Relief Period (unless earlier terminated by WRF),” according to a filing with the Securities and Exchange Commission (SEC) obtained by Casino.More DetailsThe amended pact also features “certain restrictions on restricted payments,” which can include limitations on the portion of dividends WRF receives from its operating units.mgm casino 4The Credit Agreement Amendment amends the Credit Agreement to, among other things: (i) implement a financial covenant relief period through April 1, 2021 (unless earlier terminated by WRF) and (ii) implement a financial covenant increase period commencing on the first day after the expiration of the Financial Covenant Relief Period and ending on the first day of the fourth fiscal quarter after the expiration of the Financial Covenant Relief Period (unless earlier terminated by WRF),” according to a filing with the Securities and Exchange Commission (SEC) obtained by Casino.It’s not going away this month, next month, and much like the flu and other viruses that have impacted populations around the world, this virus, or a derivative thereof, will be part of what we work through going forward,” she added.The Credit Agreement Amendment amends the Credit Agreement to, among other things: (i) implement a financial covenant relief period through April 1, 2021 (unless earlier terminated by WRF) and (ii) implement a financial covenant increase period commencing on the first day after the expiration of the Financial Covenant Relief Period and ending on the first day of the fourth fiscal quarter after the expiration of the Financial Covenant Relief Period (unless earlier terminated by WRF),” according to a filing with the Securities and Exchange Commission (SEC) obtained by Casino.paragon casino marksville la movie theater

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boulder station resort and casino25 to one in the following quarter, 4-to-1 and so on, according to the filing. some flexibility on its credit agreement with Deutsche Bank.“WRF” refers to Wynn Resorts Finance.bovada online casino redditFor the first fiscal quarter following the amended agreement, WRF’s first lien net leverage ratio can be as high as 4.org.25 to one in the following quarter, 4-to-1 and so on, according to the filing.online gambling mibouri

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el dorado casino reno sportsbookThe company is gaining a covenant relief period to potentially avoid default, as domestic gaming operators contend with what is becoming a lengthy temporary closure period forced by the coronavirus outbreak.Wynn Resorts is getting financial ratio requirement easing from lender Deutsche Bank.org.” Last month, the mayor smountaineer casino rewards programaid Las Vegas “cannot survive” Governor Steve Sisolak’s (D) 30-day shutdown of all non-essential business including casinos.(Image: CNBC)Analysts widely expected the operator of two Las Vegas Strip venues and Encore Boston Harbor to approach the German lender regarding relaxing debt covenants.In effect, that allowed the gaming company to take on more debt if needed to stay afloat in a challenging environment.table game casinos montana