Jamul Indian Village Development Corporation has refinanced $425 million of senior secured debt tied to the Jamul Indian Village’s gaming and resort operations in San Diego County, according to transaction details released by the lead arranger.
The refinancing, which closed on Nov. 25, consists of a $200 million revolving credit facility and a $225 million term loan. Proceeds were used to refinance existing debt and pay related fees and expenses. The borrower is a wholly owned enterprise of the Jamul Indian Village of California, a federally recognized tribe…