KeyBanc Capital Markets Inc. Closes US$285 Million Financing for Hard Rock Hotel & Casino Redevelopment
KeyBanc Capital
Markets Inc. facilitated a US$285 million senior secured notes financing for HR
Ottawa, L.P. in connection with the redevelopment of the Hard Rock Hotel &
Casino, including the construction of new food and beverage facilities, a hotel
and an entertainment venue. The funding closed successfully on March 28,
2023.
Aird & Berlis
assisted KeyBanc Capital Markets Inc. with this cross-border financing, which
involved completing a complex financial deal in a heavily regulated industry.
The Aird & Berlis team was led by Peter Czegledy (Corporate & Regulatory) and included Sam Billard (Financial Services), Cathy Jares (Corporate), Michael Cappabianca (Financial Services) and a host of specialists across tax, municipal, real estate, intellectual property, environmental, and privacy and data security.