Oklahoma
Santander Sounds Out Lenders for Iowa Tribe’s Oklahoma Casino
Banco Santander is sounding out investors on a debt deal that would finance the development of a casino owned by Iowa Tribe of Oklahoma, according to people with knowledge of the matter.
The term loan could range between $200 million and $250 million, according to the initial terms, said the people, who asked not to be identified as the details are private. The proceeds would pay for the construction of a new casino resort located between Oklahoma City and Tulsa, they added.