Butler National Lease Buy-Out Debt Transaction Completed
Share this article Share this article OLATHE, Kan., Dec. 22, 2020 /PRNewswire/ -- Butler National Corporation (OTCQB: BUKS) a recognized provider of professional management services in the gaming industry, announces the completion of the acquisition of the Boot Hill and Resort Casino land and building by the exercise of its lease buy-out option. BHCMC, LLC completed a $42 Million debt transaction to exercise an option to acquire the casino land and building for $41.25 million from BHC Development, L.C. The transaction consisted of two bank loans with Academy Bank, N.A. One note for $35 mill...
Source: prnewswire.com