California tribe issuing bonds to finance envisioned casino resort
Adam Morgan
July 2, 2018
In California, the Estom Yumeka Maidu tribe is reportedly due to issue some $440 million in collateral-backed bonds via its Enterprise Development Authority entity in order to finance the construction of a new 170-room casino resort.
According to a June 23 report from the Chico Enterprise-Record newspaper, the scheme for the planned Yuba County facility, which may be run by American casino operator, Hard Rock International, was revealed via a recent credit rating issued by financial services firm S&P Global Incorporated.
Complete article:
California tribe issuing bonds to finance envisioned casino resort
Document Actions