Trump Hotels Begins Recapitalization
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Trump Hotels &amp; Casino Resorts on Monday said it has begun to recapitalize after a bankruptcy filing Sunday night that would allow the company to restructure debt and overhaul aging casinos.
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Donald Trump&#39;s flagship casino business yesterday filed for bankruptcy as part of a financial restructuring aimed at easing $1.8bn (Â£1m) debt.
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Donald Trump&#39;s Trump Hotels &amp; Casino Resorts Inc. said it will seek Chapter 11 bankruptcy protection as part of an agreement with bondholders to reduce debt by $400 million.
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The company behind the world-famous Caesars Palace casino has unveiled plans to open an &quot;entertainment resort&quot; at a redeveloped Wembley leisure complex.
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Trump Hotels and Casino Resorts Inc. (DJTC.OB: Quote, Profile, Research) , trying to restructure $1.8 billion in debt, said on Wednesday that it and DLJ Merchant Banking Partners
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Donald Trump&#39;s Trump Hotels &amp; Casino Resorts Inc. said a majority of its bondholders agreed to a restructuring to cut the casino company&#39;s debt by $400 million.
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The company that controls Donald Trump's casinos plans to restructure its debt, which will save &#36;100 million in annual interest payments, according to a published report.
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The expansion plan, which would more than double the size of the hotel and casino, comes amid a continuing surge of development in Las Vegas.
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Donald Trump&#39;s Trump Hotels &amp; Casino Resorts Inc. filed for bankruptcy protection with a plan to cut debt by $400 million and renovate its properties.
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Political leaders touted yesterday's signing of a deal to build a hotel across from the Washington Convention Center as a significant step in their quest to draw more visitors to the District.
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Trump Hotels and Casino Resorts Inc. (DJTC.OB: Quote, Profile, Research) , trying to restructure $1.8 billion in debt, said late Wednesday that it and DLJ Merchant
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ATLANTIC CITY, NJ-In early August, Trump Hotels &amp; Casinos announced it had struck a deal with DLJ Merchant Banking Partners for an infusion of cash to reduce Trumpâs debt and restructure the company through bankruptcy proceedings.
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CHICAGO (CBS.MW) - Trump Hotels &amp; Casino Resorts Inc. filed for bankruptcy protection over the weekend, an outgrowth of the debt-laden company&#39;s latest plan to secure desperately needed financing.
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A deal that would have saved Donald Trump&#39;s casino company is off. His casinos are running low on cash. And Trump Hotels and Casino Resorts is drowning in $1.
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DONALD TRUMPâS casino business filed for Chapter 11 bankruptcy protection yesterday, a month after the New York magnate halved his stake in the unit in an effort to stave off a debt crisis.
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Donald J. Trump&#39;s struggling casino operation has filed for bankruptcy reorganization, according to court documents, effectively commencing a recapitalization plan that was announced last month.
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Real estate mogul Donald Trump is extending his reach to Puerto Rico, announcing a partnership Friday to build a $600 million golf complex on the island's northern coast.