Empire Resorts Inc, founded in 1993 and headquartered in Monticello, New York, operates as a leading entertainment and gaming company dedicated to providing premier resort experiences. The company is best known for its prominent properties, including the Resorts World Catskills, which offers a range of gaming, hotel accommodations, and entertainment options to attract visitors.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| RWCATS 7.75% 2026-11-01 USDEmpire Resorts Inc | Malaysia | 2026-11-01 | 7.750 | 8.75 |
| RWCATS 7.75% 2026-11-01 USDEmpire Resorts Inc | Isle of Man | 2026-11-01 | 7.750 | 8.45 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Empire Resorts has a history of bond issuance dating back to 2018, providing financing primarily for the development of its Resorts World Catskills property. Notably, they issued $250 million in senior secured notes that year, which helped fund the property’s opening and subsequent enhancements. Current yields on their bonds are competitive within the gaming industry, reflecting positive investor sentiment. The bonds include features such as call options, enabling the company to manage its debt strategically amidst evolving economic conditions.