Mohegans review debt situation as profits slide


Reporting steep declines in revenues and profits, Mohegan Sun's operator announced Wednesday it intends to restructure nearly $200 million worth of debt. In separate statements, the Mohegan Tribal Gaming Authority released its preliminary operating results for the three months and the fiscal year, both ending Sept. 30, and disclosed its plan to privately offer notes due in 2017 to repay $147 million in term loans and $48 million in revolving loans.