CPPIB Loans Money to Atlantic City Casino Business
Atlantic City casinos remain highly vulnerable to growing competition from neighboring regions. The Canada Pension Plan Investment Board (CPPIB), through CPPIB Credit Investments Inc., entered into a deal as the incremental term lender to provide a senior secured term loan in an amount of up to US$ 650 million to Marina District Finance Company, Inc. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]
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