The Pokagon
Gaming
Authority, a wholly owned, unincorporated instrumentality of the
Pokagon
Band of Potowatomi Indians, has successfully closed its financing of $305
million in Senior Notes due 2014. The proceeds from the notes will be used
to partially finance the construction of Four Winds Casino Resort.
"We are excited to have completed our senior note financing," said
Tribal Chairman John Miller. "We are also very pleased that the financing
was well received by investors. With this financing, we can complete the
construction of the 51-acre casino development as we have envisioned it."
"We look forward to working with the Pokagon Band in developing a
successful enterprise," said Tim Cope, President and CFO at Lakes
Entertainment, Inc. "Four Winds Casino Resort will
2006-06-23