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.