Press Release: Shingle Springs Band update on restructure of gaming debt

The Shingle Springs Band of Miwok Indians of California moves forward with refinancing of gaming debt:
The Shingle Springs Tribal Gaming Authority (the "Authority") announced today the interim results of the previously announced tender offer (the "Tender Offer") and consent solicitation (the "Consent Solicitation") by the Authority for any and all of the Authority's outstanding senior notes due 2015 (CUSIP No. 82459AAA9 and U8211E AA2 and ISIN US82459AAA97 and USU8211EAA20) (the "Notes") and a solicitation of consents to certain proposed amendments to the indenture governing the Notes. As of 5:00 p.m., New York City time, on August 21, 2013 (the "Consent Time"), a total of $410,984,000 principal amount of the Notes had been tendered and the related consents delivered.

Pursuant to the terms, and subject to the satisfaction of the conditions of the tender offer, the Authority intends to accept and pay for all Notes validly tendered (and not validly withdrawn) prior to the Consent Time, and holders who tendered such Notes will receive $1,005.00 per $1,000 in principal amount of Notes, plus accrued and unpaid interest to, but not including, the settlement date for such Notes (the "Early Settlement Date"), which is expected to be on or about August 29, 2013.

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Press Release: Tender Offer Interim Results August 22, 2013 (Shingle Springs Tribal Gaming Authority 8/22)

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