STATION CASINOS INC. SELLS NOTES

May 15, 2001 3:30 AM
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Station Casinos, Inc. sold $100 million of senior notes at 8 3/8 percent Monday. The notes are due 15 February 2008.

The company stated the monies would be used to pay of $98 million of remaining senior subordinated notes 13 June 2001. The senior notes are at 10 1/8 percent.

With the sale of these notes Station Casinos Inc, has a remaining balance of $400 million.