The parent company of Hoosier Park announced Tuesday that it had closed on a $1 billion financing package that includes more than $400 million that will go toward the gaming site at the track in Anderson, Ind. Centaur Inc. received the funding in part from MH Equity, Indiana's largest private equity fund, with Credit Suisse, a global investment banking firm, acting as lead arranger, sole bookrunner and administrative agent.
“We couldn’t be more pleased with our financing package,” Roderick J
Of the $400 million, $250 million will be used to cover licensing fees that can then be available for property tax relief and other state needs. The remaining funds of the $1 billion package will be invested in Centaur's other North American operations, including a new racetrack/casino that is planned for Pennsylvania.
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