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Oct. 24, 2000

Nossaman Guthner: FINANCING GOES AHEAD FOR FOUR-MILE VEGAS MONORAIL

GM Mirage Inc. and Park Place Entertainment Corp. have completed a $650 million financing deal for the construction and operation of a monorail to cover four miles of the Las Vegas strip. The project was a private joint venture under MGM Grand-Bally's Monorail LLC. The Las Vegas Monorail Co., a nonprofit corporation, will own and operate the monorail.

        GM Mirage Inc. and Park Place Entertainment Corp. have completed a $650 million financing deal for the construction and operation of a monorail to cover four miles of the Las Vegas strip. The project was a private joint venture under MGM Grand-Bally's Monorail LLC. The Las Vegas Monorail Co., a nonprofit corporation, will own and operate the monorail.
        MGM Mirage and Park Place E...

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