WhereDaily News: Completion of Oversubscribed C$560 Million Financing Announced by Gateway

BURNABY, BRITISH COLUMBIA--(Marketwired - Dec. 10, 2013) - Gateway Casinos & Entertainment Limited ("Gateway" or the "Company") is pleased to announce the completion of a successful C$560 million financing. The Company raised C$310 million in first lien term loans from a syndicate of banks, and secured an additional C$50 million revolver which was undrawn at closing. In addition, the Company issued C$200 million in aggregate principal amount of 8.50% notes due 2020 (the syndicated bank loans and the note offering, the "Financing").

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