Red Rock Resorts subsidiary sells $500 million of 6.625% senior notes due 2032
On March 14, 2024, Station Casinos LLC, a Red Rock Resorts subsidiary, issued $500 million of 6.625% senior notes due 2032 and entered into an amended and restated credit agreement with a new $1,570.0 million term B loan and a $1,100.0 million revolving credit facility. The company said it will use the proceeds, together with term loan borrowings and $200.0 million drawn on the revolver, to refinance its existing 2016 credit agreement and pay related fees and costs. The filing shows the transaction adds to the company's debt load, with the new loans maturing in 2029 and 2031 and the notes in 2032.
Key points
- $500 million of 6.625% senior notes due 2032 issued March 14, 2024; interest is paid each March 15 and September 15, starting September 15, 2024.
- New $1,570.0 million term B loan maturing March 14, 2031, and $1,100.0 million revolving credit facility maturing March 14, 2029.
- Proceeds and $200.0 million of revolver borrowings are used to refinance the Existing Credit Agreement dated June 8, 2016, and for fees and general corporate purposes.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:49 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on March 14, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.