Press Release

Haynes and Boone Represents Golden Nugget Online Gaming in Negotiating $300 Million Secured Loan

May 07, 2020

A Haynes and Boone, LLP team represented Golden Nugget Online Gaming, Inc., in negotiating a new $300 million secured loan, the proceeds of which were loaned to Golden Nugget, LLC casinos and restaurants under the Landry’s Inc., LLC umbrella to ensure liquidity during mandated shut-downs resulting from the COVID-19 pandemic, as well as amendments to existing debt facilities.

Partners Monika Sanford, Paul Amiel, Jennifer Wisinski, and Sameer Saxena served as the lead lawyers on the matter which closed April 28, 2020. The deal team also included Associates Laura Shapiro, Cameron Scales, CJ Donald, Molly Barham, Daniel Wei and Sarah Lefsky.

Haynes and Boone’s Finance Practice Group has handled hundreds of deals worldwide in recent years. The firm structures new and sophisticated financing vehicles that fit the business needs of its clients, and it brings together lenders and borrowers to make deals. The Loan Pricing Corporation Law Firm League Tables, a national ranking of firms handling syndicated loan transactions, has consistently ranked Haynes and Boone among the top 15 firms in the U.S. in terms of total volume of syndicated loans handled by the firm on behalf of lenders.

Haynes and Boone is an international corporate law firm with offices in Texas, New York, California, Charlotte, Chicago, Denver, Washington, D.C., London, Mexico City and Shanghai, providing a full spectrum of legal services in energy, technology, financial services and private equity. With more than 575 lawyers, Haynes and Boone is ranked among the largest U.S.-based firms by The National Law Journal, The American Lawyer and The Lawyer. It also ranks among the nation’s most recommended law firms by general counsel, according to BTI Consulting Group’s “Most Recommended Law Firms 2019” report.

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