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Foxwoods Resort Casino features deluxe accommodations, fine dining, a wide variety of entertainment attractions and shopping.
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During the year, Foxwoods, owned by the Mashantucket Pequot Tribe, defaulted on the terms of a $1.7 billion debt-restructuring and subsequently struck a “forbearance agreement” with its senior lenders that expires June 30, 2015.
During the year, Foxwoods, owned by the Mashantucket Pequot Tribe, defaulted on the terms of a $1.7 billion debt-restructuring and subsequently struck a “forbearance agreement” with its senior lenders that expires June 30, 2015.
Foxwoods Owner Wants to Restructure Its Debt. News of the tribe’s efforts to restructure the casino’s debt were first reported by The Day of New London, Conn. On Wednesday, Gov. M. Jodi Rell held a news conference to address concerns that a default by the casino would hurt state revenue. Last fall, Foxwoods announced 700 layoffs.
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