MASHANTUCKET, Conn.--()--The Mashantucket Pequot Tribal Nation (MPTN), owner of Foxwoods Resort Casino®, has made available previously confidential information related to the restructuring of its $2.2 billion of outstanding debt.
The information, which has been reviewed by certain lenders and bondholders of the Tribe’s debt securities, was posted today both on the MPTN-administrated Intralinks workspace that is maintained for the benefit of investors and potential investors and the Electronic Municipal Markets Access (EMMA) system.
To date, holders of the majority of each class of the Tribe’s debt securities have executed agreements in support of the restructuring. In the meantime, MPTN is working toward broadening support and implementing the restructuring plan.
MPTN’s financial advisor for the restructuring is Miller Buckfire & Co.; and its legal counsel is Weil, Gotshal & Manges LLP.
About the Mashantucket Pequot Tribal Nation
The Mashantucket Pequots are a native Algonquin people in southeastern Connecticut who endured centuries of conflict and survive today on the oldest continuously occupied reservation in the U.S., dating to its establishment in 1666. As the first native people within the borders of the continental United States to suffer attempted genocidal massacre by Puritan Colonists in 1637, the Pequots and their repatriation is an unprecedented story of restoration exhibited in detail at the Tribe’s world-class Museum and Research Center (www.pequotmuseum.org).
This press release does not constitute an offer to sell or buy, or a solicitation of an offer to sell or buy, any security. No offer, solicitation, or sale will be made in any jurisdiction in which such an offer, solicitation, or sale would be unlawful.