Red Rock Resorts' subsidiary, Station Casinos LLC, has entered into an agreement to amend its senior secured credit facility, adding $500 million in incremental term B loans. The new loans are fungible with and have terms identical to the company's existing term B loans.
Key Details
- Agreement: On October 21, 2026, the company entered into an incremental joinder agreement for $500 million in aggregate principal amount of new term B loans.
- Loan Terms: The new loans bear interest at a rate of Term SOFR plus 2.00% per annum and share the same maturity date as the existing term B facility.
- Use of Proceeds: The company intends to use the funds to repay outstanding revolving loans under its credit agreement, pay related fees, and for general corporate purposes.