Mohegan announces Fourth Amendment to credit agreement and BIA loan agreement
3 Jan 2025
(PRESS RELEASE) -- On 20 December 2024, Mohegan Tribal Gaming Authority entered into the Fourth Amendment to that certain Credit Agreement dated as of 26 January 2021, as amended by the First Amendment dated as of 31 May 2022, the Second Amendment dated as of 14 February 2023, and the Third Amendment dated as of 12 October 2023, by and among MTGA, The Mohegan Tribe of Indians of Connecticut, Citizens Bank, N.A., as administrative agent and the other lenders party thereto.
In connection with the Amendment, MTGA has amended certain provisions of the Existing Credit Agreement to remove a prohibition on going concern language in our audited financial statements.