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Boyd Gaming amends credit agreement

Boyd Gaming Corp. amended its existing credit agreement, providing for commitments to make term B loans of approximately $1.26 billion, and certain other changes.

At the company's option, the interest rate on the outstanding balance of the new term B loans is based upon either the Eurodollar rate or the base rate, plus an applicable margin, in each case.

Boyd used the proceeds to fully refinance its term B-1 and B-2 loans outstanding under the existing credit agreement.

Bank of America NA is the administrative agent.