LLC, which advised about half of the casino's creditors. 'This was the most complicated deal we have ever worked on,' said Soren Reynertson, a managing general partner at New York-based GLC Advisors & Co.
The deal, announced on July 1 by the casino's owner, the Mashantucket Pequot Tribal Nation, was touted by sources familiar with the restructuring as the most complex restructuring involving a Native American tribe in history.
NEW YORK ( TheStreet) - The restructuring of Foxwoods Resort Casino's $2.3 billion in debt has concluded with an out-of-court agreement after four years of negotiations, eliminating $550 million in debt obligations and pushing back debt maturity dates.
