Eldorado Resorts set to strengthen liquidity by over $1bn

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New York-listed gaming operator Eldorado Resorts has agreed numerous transactions which can be anticipated to ship over $1.2bn within the close to time period.

The primary is for an underwritten public providing of 18m shares within the firm with a 30-day possibility for a further 2.7m shares, which at Monday’s closing of worth of $38.44 per share values the absolutely exercised providing at roughly $795.7m.

Eldorado Resorts has additionally signed a letter of intent to enter right into a […]

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