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Station Casinos announces $500 million private debt offering

Station Casinos on Tuesday announced a planned $500 million private debt offering that would pay off older notes while extending due dates by three years.

In a filing with the U.S. Securities and Exchange Commission, Station Casinos said it would use the proceeds from the new debt offering to pay older debt that comes due in 2018. The new debt would have due dates in 2021.

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