Mohegan Tribal Gaming Authority in its $1.2 billion notes offering, revolving credit facility and related exchange transactions

On April 24, 2025, the Mohegan Tribal Gaming Authority announced the completion of its comprehensive refinancing transactions. MTGA closed its previously announced issuances of $750 million of 8.250% First Priority Senior Secured Notes due 2030 and $450 million of 11.875% Second Priority Senior Secured Notes due 2031, entered into a new $250 million revolving credit facility and consummated a private exchange of approximately $226 million of existing notes for $250 million of additional Second Priority notes. MTGA also entered into agreements with certain holders to extend the maturity of a portion of its remaining existing notes to 2029 and with The Mohegan Tribe of Indians of Connecticut to further extend maturities.

Wachtell, Lipton, Rosen & Katz is serving as legal advisor to Mohegan.