Citizens Financial Group Leads $390 Million Financing for River Rock Entertainment Authority

Reuters12-11
<a href="https://laohu8.com/S/CFG">Citizens Financial Group</a> Leads $390 Million Financing for River Rock Entertainment Authority

Citizens Capital Markets & Advisory, a subsidiary of Citizens Financial Group Inc., has led a $390 million debt financing for River Rock Entertainment Authority, the gaming authority of the Dry Creek Rancheria Band of Pomo Indians. The financing will support the transformation of the Tribe's existing River Rock Casino into a destination-style resort casino, to be managed by Caesars Entertainment under the Caesars Republic brand and scheduled to open in summer 2027. The transaction features Gaming and Leisure Properties, Inc. $(GLPI)$ as the lead real estate financing partner and integrates real estate financing with traditional institutional debt. This deal highlights Citizens' expanding presence in California and expertise in the gaming sector.

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