WINNEBAGO, Neb. (KOLN) – Nebraska’s largest casino operator, WarHorse Gaming, LLC, has secured refinancing of $300 million in startup loans to a 5-year deal that’ll launch the next phase of casino expansions and construction of a new casino in South Sioux City.
The deal is one of the fastest to come together in the pro rata financial market, organized in less than one month by U.S. Bank, including Capital One, KeyBank, The Huntington National Bank, BOK Financial and Comerica Bank.
“This rapid refinancing shows our bank partners value what we’re doing and see the great potential ahead,” said Lance Morgan, CEO of Ho-Chunk, Inc., the parent company of WarHorse Gaming. “We are proud to have them join us for this next big chapter.”…