v2.4.0.8
Long-Term Debt (Tables)
9 Months Ended
Sep. 30, 2013
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
Long-term debt, net of current maturities consists of the following:
 
September 30, 2013
 
 
 
 
 
Unamortized
 
 
 
Outstanding
 
Unamortized
 
Origination
 
Long-Term
 
Principal
 
Discount
 
Fees
 
Debt, Net
(In thousands)
 
Boyd Debt:
 
 
 
 
 
 
 
Boyd Gaming Debt:
 
 
 
 
 
 
 
New Credit Facility
$
1,447,900

 
$

 
$
(4,500
)
 
$
1,443,400

9.125% senior notes due 2018
500,000

 

 
(6,392
)
 
493,608

9.00% senior notes due 2020
350,000

 

 

 
350,000

HoldCo Note
147,800

 
(21,773
)
 

 
126,027

 
2,445,700

 
(21,773
)
 
(10,892
)
 
2,413,035

 
 
 
 
 
 
 
 
Peninsula Gaming Debt:
 
 
 
 
 
 
 
Bank credit facility
826,213

 

 

 
826,213

8.375% senior notes due 2018
350,000

 

 

 
350,000

Other
14

 

 

 
14

 
1,176,227

 

 

 
1,176,227

Total Boyd Debt
3,621,927

 
(21,773
)
 
(10,892
)
 
3,589,262

 
 
 
 
 
 
 
 
Borgata Debt:
 
 
 
 
 
 
 
Bank credit facility
16,300

 

 

 
16,300

9.50% senior secured notes due 2015
358,200

 
(1,731
)
 
(4,064
)
 
352,405

9.875% senior secured notes due 2018
393,500

 
(1,887
)
 
(6,837
)
 
384,776

 
768,000

 
(3,618
)
 
(10,901
)
 
753,481

Less current maturities
29,759

 

 

 
29,759

Long-term debt, net
$
4,360,168

 
$
(25,391
)
 
$
(21,793
)
 
$
4,312,984


 
December 31, 2012
 
 
 
 
 
Unamortized
 
 
 
Outstanding
 
Unamortized
 
Origination
 
Long-Term
 
Principal
 
Discount
 
Fees
 
Debt, Net
(In thousands)
 
Boyd Debt:
 
 
 
 
 
 
 
Boyd Gaming Debt:
 
 
 
 
 
 
 
Prior Credit Facility
$
1,474,850

 
$
(5,001
)
 
$
(3,214
)
 
$
1,466,635

9.125% senior notes due 2018
500,000

 

 
(7,320
)
 
492,680

9.00% senior notes due 2020
350,000

 

 

 
350,000

6.75% senior subordinated notes due 2014
215,668

 

 

 
215,668

7.125% senior subordinated notes due 2016
240,750

 

 

 
240,750

HoldCo Note and other
158,141

 
(32,666
)
 

 
125,475

 
2,939,409

 
(37,667
)
 
(10,534
)
 
2,891,208

 
 
 
 
 
 
 
 
Peninsula Gaming Debt:
 
 
 
 
 
 
 
Bank credit facility
854,400

 

 

 
854,400

8.375% senior notes due 2018
350,000

 

 

 
350,000

Other
494

 
(3
)
 

 
491

 
1,204,894

 
(3
)
 

 
1,204,891

Total Boyd Debt
4,144,303

 
(37,670
)
 
(10,534
)
 
4,096,099

 
 
 
 
 
 
 
 
Borgata Debt:
 
 
 
 
 
 
 
Bank credit facility
20,000

 

 

 
20,000

9.50% senior secured notes due 2015
398,000

 
(2,525
)
 
(5,928
)
 
389,547

9.875% senior secured notes due 2018
393,500

 
(2,103
)
 
(7,620
)
 
383,777

 
811,500

 
(4,628
)
 
(13,548
)
 
793,324

Less current maturities
61,570

 

 

 
61,570

Long-term debt, net
$
4,894,233

 
$
(42,298
)
 
$
(24,082
)
 
$
4,827,853

Schedule of Line of Credit Facilities
The net amounts outstanding under the New Credit Facility at September 30, 2013, were:
(In thousands)
 
 
 
Revolving Credit Facility
 
 
$
290,000

Term A Loan
 
 
250,000

Term B Loan
 
 
900,000

Swing Loan
 
 
3,400

Total outstanding borrowings under the New Credit Facility
 
$
1,443,400