Press Release: Coast Hotels and Casinos, Inc.,
June 6, 2002
LAS VEGAS, NV -- Coast Hotels and Casinos, Inc., a wholly owned subsidiary of Coast Resorts, Inc., announced yesterday
that as of 5:00 p.m., New York City time on June 4, 2002, its exchange offer (the "Exchange Offer") to
exchange up to $100.0 million principal amount of newly issued 9-1/2% Senior Subordinated Notes Due 2009 registered
under the Securities Act of 1933, as amended (the "Securities Act"), for a like principal amount of its
outstanding privately placed 9-1/2% Senior Subordinated Notes Due 2009 expired, and that all of the privately placed
9-1/2% Senior Subordinated Notes Due 2009 were tendered in the Exchange Offer and accepted.
Exchange offers of this kind are customary in transactions in which notes have been issued in a private placement
under Rule 144A of the Securities Act, as were the $100.0 million principal amount of previously outstanding notes.
Coast Hotels and Casinos, Inc., owns and operates four hotel-casinos in the Las Vegas area, The Orleans, the Gold
Coast, the Barbary Coast and the Suncoast.
SOURCE: Coast Hotels and Casinos, Inc.,