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Quotes & Info
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| CNTY > SEC Filings for CNTY > Form 8-K on 13-Jul-2009 | All Recent SEC Filings |
13-Jul-2009
Termination of a Material Definitive Agreement, Triggering Events That A
The disclosure contained below in "Item 2.04 Triggering Events That Accelerate or Increase a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement" is incorporated in this Item 1.02 by reference.
Century Casinos, Inc. (the "Company") and certain of its subsidiaries are party to an amended and restated credit agreement with Wells Fargo Bank relating to the Company's Cripple Creek, Colorado property. As previously disclosed, on June 30, 2009, the Company's subsidiary, Century Resorts Limited completed the sale of Century Casinos Africa (Pty) Limited. The Company agreed to repay the entire balance outstanding under the amended and restated credit agreement upon the sale of Century Casinos Africa (Pty) Limited. On July 7, 2009, the Company repaid the outstanding balance of approximately $2.7 million, which includes principal and accrued interest. The repayment by the Company terminated the amended and restated credit agreement.
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