Posted on Thu, Aug. 27, 2009
The Mashantucket Pequot Tribal Nation, a major investor in the Foxwoods casino proposed here, announced yesterday that it was discussing its debt structure with lenders.
That announcement came after Bloomberg News reported that the tribe is seeking to restructure more than $1.45 billion in debt.
"We do not anticipate that the financial restructuring being considered by the Tribe will affect our employees, customers, vendors or business partners," the tribe said in a statement.
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