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Pinnacle Entertainment Announces Commencement of Exchange Offer

Pinnacle Entertainment, Inc. logo

LAS VEGAS, May 9, 2014 (GLOBE NEWSWIRE) -- Pinnacle Entertainment, Inc. (NYSE:PNK) today announced that it has commenced an offer to exchange up to $850 million aggregate principal amount of 6.375% Senior Notes due 2021, which have been registered under the Securities Act of 1933, as amended, for an equal principal amount of its outstanding 6.375% Senior Notes due 2021, upon the terms and subject to the conditions set forth in the prospectus, dated May 9, 2014, and the related letter of transmittal, including any amendments or supplements thereto.

The exchange offer is scheduled to expire at 5:00 p.m. New York City time on June 9, 2014, unless otherwise extended or earlier terminated. The Bank of New York Mellon Trust Company, N.A. has been appointed as the exchange agent for the exchange offer.

A registration statement relating to the exchange offer was filed with and declared effective by the Securities and Exchange Commission. This press release is not an offer to sell or a solicitation of an offer to buy any security. The offer to exchange is being made solely by means of a prospectus. A copy of the final prospectus related to the exchange offer and the related letter of transmittal may be obtained from The Bank of New York Mellon Trust Company, N.A., c/o The Bank of New York Mellon Corporation, Corporate Trust Operations – Reorganization Unit, 111 Sanders Creek Parkway, East Syracuse, NY 13057, Attention: Christopher Landers.

About Pinnacle Entertainment

Pinnacle Entertainment, Inc. owns and operates 15 gaming entertainment properties, located in Colorado, Indiana, Iowa, Louisiana, Mississippi, Missouri, Nevada and Ohio. Pinnacle holds a majority interest in the racing license owner, as well as a management contract, for Retama Park Racetrack outside of San Antonio, Texas.

CONTACT: Investor Relations Vincent J. Zahn, CFA VP, Finance and Investor Relations 702/541-7777 or investors@pnkmail.com Media Relations Roxann M. Kinkade, APR Director of Media Relations & Public Affairs 816/414-7007 or rkinkade@pnkmail.com

Source:Pinnacle Entertainment, Inc.