LAS VEGAS – Ameristar Casinos has priced its previously announced tender offer for all of its 10 1/2% senior subordinated notes due 2004, Series B. Ameristar has received tenders and consents representing 100% of the aggregate principal amount of notes.
The consideration to be paid in connection with the tender offer will be $1,074.22 per $1,000 prinicpal amount of notes. In addition, tendering noteholders will receive accrued and unpaid interest to, but not including, the date on which the notes are accepted for purchase. Unless extended, the tender offer will expire at midnight, EST on December 18, 2000.
(12/15/00)