Combined with Sale Leaseback Proceeds, Transaction Significantly Reduces Debt and Increases Liquidity to Support Investment Throughout the Gateway Portfolio BURNABY, BRITISH COLUMBIA (March 13, 2018) — Gateway Casinos & Entertainment Limited (“Gateway” or “Company”) announced today that it has completed [...]
Proceeds of Approximately $483 Million Unlocks Significant Value from a Portion of the Company’s Real Estate Portfolio Gateway Well Positioned for Future Growth with Ample Liquidity, Robust Cash Flow and a Superior Consumer Driven Strategy BURNABY, BC – March 12, 2018 – [...]
New Term Loan ‘B’ Upsized to US$335M and Successfully Priced, with Strong Support from Major Banks BURNABY, BRITISH COLUMBIA (March 8, 2018) — Gateway Casinos & Entertainment Limited ("Gateway") announced today that it has successfully received consents from holders of [...]
BURNABY, BC - Gateway Casinos & Entertainment Limited ("Gateway"), one of the largest and most diversified gaming and entertainment companies in Canada, announced today that in December 2017 it entered into an agreement for the sale and leaseback of certain real [...]
BURNABY, BC - Gateway Casinos & Entertainment Limited (“Gateway”) announced today that with the closing of the previously announced sale-lease back of certain of its real estate properties for net proceeds of approximately C$483 million (the “Sale-Leaseback”), Gateway expects to enter [...]