Gaylord Entertainment To Purchase $228 Mln Or 85% Of Its 8% Senior Notes Due 2013 - Quick Facts

Gaylord Entertainment Co. (GET) said it accepted for purchase $228 million aggregate principal amount or 85% of its 8% Senior Notes due 2013.

The tender offer is scheduled to expire on October 21, 2009, unless extended or earlier terminated.

The company has also called for redemption at a price of 102.667% of the principal amount thereof, plus accrued interest, on November 15, 2009, all remaining 2013 Notes.

by RTTNews Staff Writer

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