Station Casinos LLC, a subsidiary of Red Rock Resorts, Inc., entered into an incremental joinder agreement providing for $500 million in aggregate principal amount of incremental term B loans. These new loans are fungible with and have terms identical to the company's existing term B loans under its senior secured credit agreement. The proceeds will be used to repay outstanding revolving loans, pay related fees and expenses, and fund general corporate purposes. Red Rock Resorts is a holding company that owns and manages Station Casinos, the leading provider of gaming, hospitality, and entertainment in Las Vegas.
