Wisconsin: Ho-Chunk Nation secures $610M financing for Beloit casino resort near Illinois line

The Ho-Chunk Nation of Wisconsin has closed $610 million in senior secured credit facilities to finance construction of its new flagship casino resort in Beloit.

The facilities include a $305 million revolving credit facility and a $305 million delayed-draw term loan, supplemented by about $95 million in tribal equity, according to a deal summary by KeyBanc Capital Markets, which served as left lead arranger, joint bookrunner, and administrative agent on the transaction. The deal closed Sept. 26, 2025…

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