Poydras Gaming Finance Corp. Announces Closing of $3.5 Million USD Financing Facility
Poydras Gaming Finance Corp. Announces Closing of $3.5 Million USD Financing Facility
Canada NewsWire
VANCOUVER, Dec. 14, 2015
VANCOUVER, Dec. 14, 2015 /CNW/ - POYDRAS GAMING FINANCE CORP. (TSXV: PYD) ("Poydras," "PGFC," or the "Company") today announces that it has closed on its previously disclosed $3.5 million four-year loan with PDS Gaming Corp.. For further details about the facility, refer to the Company's Q3 2015 financial results press release, available on www.sedar.com.
About PDS Gaming Corp.:
PDS Gaming is a finance and leasing company that specializes in customized financing solutions, including equipment leasing, project and corporate financing and manufacturing vendor financing programs for the gaming industry. PDS Gaming is licensed in most of the major U.S. and Native American jurisdictions.
About Poydras Gaming Finance Corp.:
Poydras Gaming is focused on leasing and financing gaming machines (such as slot machines) and related capital expenditures for existing casinos, new casino developments and gaming machine suppliers in the United States. It owns and finances slot machines including short- and long-term lease contracts across 25 casinos in Oklahoma and Texas. Additional information about the Company can be found on the SEDAR website at www.sedar.com.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE Poydras Gaming Finance Corp.
Keith Richards, Investor Relations | NATIONAL Equicom, T: (416) 848-1599, E: krichards@nationalequicom.ca; Peter Macy, CEO, Poydras Gaming Finance Corp., T: (604) 683-8393, E: info@poydrasgaming.comCopyright CNW Group 2015