Sunday, April 19, 2026 1:34 PM
The Morongo Band of Mission Indians has refinanced existing debt through a $350 million senior secured credit facility, consolidating prior obligations tied to its gaming and enterprise operations.
The financing, which closed Feb. 18, includes a $288 million revolving credit facility and a $62 million term loan. Proceeds were used to refinance outstanding taxable and tax-exempt bonds and notes, as well as cover transaction-related costs.
KeyBanc Capital Markets acted as joint lead arranger, joint bookrunner and administrative agent….