New Issue-Boyd Gaming sells $500 mln in notes

Oct 28 (BestGrowthStock) – Boyd Gaming Corp (BYD.N: ) on Thursday
sold $500 million of senior notes in the 144a private placement
market, said IFR, a Thomson Reuters service.

JP Morgan, Bank of America Merrill Lynch, Wells Fargo
Securities, Deutsche Bank, RBS, Barclays and Commerzbank were
the joint bookrunning managers for the sale.
BORROWER: BOYD GAMING CORP
AMT $500 MLN COUPON 9.125 PCT MATURITY 12/1/2018
TYPE SR NTS ISS PRICE 100.00 FIRST PAY 6/1/2011
MOODY’S Caa1 YIELD 9.125 PCT SETTLEMENT 11/10/2010
S&P SINGLE-B SPREAD 690 BPS PAY FREQ SEMI-ANNUAL
FITCH N/A MORE THAN TREAS NON-CALLABLE 4 YRS*
*MAKE-WHOLE CALL 50 BPS

New Issue-Boyd Gaming sells $500 mln in notes