Category: Mohegan

WILKES-BARRE, Pa. – The Wilkes-Barre/Scranton Penguins lost to the Lehigh Valley Phantoms, 5-2, in their opener to the 2025 Calder Cup Playoffs on Wednesday night at Mohegan Arena at Casey Plaza.

Wilkes-Barre/Scranton is now facing elimination in its best-of-three, first-round series after allowing five-straight goals to their turnpike rival. Alex Bump scored twice in his pro playoff debut for Lehigh Valley, and the Phantoms’ penalty kill clamped down on four-straight Penguins power plays during the second period.

Lehigh Valley scored the first goal of the series when Olle Lycksell cleaned up a rebound at 8:41 of the first period.

Shortly after the Penguins’ fourth power play opportunity, the Phantoms extended their lead to two. Jett Luchanko found Bump loose in the slot, and Bump finished it off at 8:25 of the middle frame.

Rodrigo Ābols buried his own rebound at 13:46 of the second period, making it 3-0.

Bump scored a man-advantage marker at the eight-minute mark of the third, swiftly followed by Anthony Richard making it a 5-0 game 93 seconds later.

Avery Hayes and Gabe Klassen both scored their first pro playoff goals in the last five minutes of regulation, preventing Parker Gahagen from earning a shutout in his Calder Cup Playoff debut. Gahagen ultimately finished with 28 saves.

Joel Blomqvist started the game in net for Wilkes-Barre/Scranton, but was replaced at the start of the third period by Taylor Gauthier. Blomqvist notched 23 saves on 26 shots faced, while Gauthier denied five of seven in relief.

The Penguins and Phantoms go head-to-head again for Game 2 of their best-of-three series on Friday, Apr. 25 at PPL Center. Game time is scheduled for 7:05 p.m. at PPL Center.

If necessary, a decisive Game 3 will take place back on the Penguins’ home ice…

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Highlights:

• Closes previously-announced refinancing transaction of $1.2 billion in new secured notes with proceeds released from escrow
• Enters into new, upsized five-year $250 million revolving credit facility
• Closes private exchange of $226 million of 2027 unsecured notes for 2031 secured notes
• Enters into agreement to extend a portion of 2027 unsecured notes to 2029
• Mohegan Tribe acquires $100 million of 2027 unsecured notes and commits to extend maturity to 2032

UNCASVILLE, Conn., April 24, 2025 /PRNewswire/ — Mohegan Tribal Gaming Authority (“Mohegan,” the “Company,”) today announced the finalization and closing of significant refinancing transactions, including the release from escrow of the proceeds from its April 10, 2025 notes offering, the entry into a new revolving credit facility, the completion of a private notes exchange, and entry into agreements to extend the maturity of a majority in principal amount of its remaining unsecured notes to 2029 and 2032.

On April 24, 2025, the Company and MS Digital Entertainment Holdings, LLC (the “Co-Issuer”), the Company’s wholly-owned subsidiary, executed supplemental indentures as successor issuers of $750 million in aggregate principal amount of 8.250% first priority senior secured notes due 2030 (the “2030 Notes”) and $450 million in aggregate principal amount of 11.875% second priority senior secured notes due 2031 (the “2031 Notes,” and, together with the 2030 Notes, the “notes”) issued on April 10, 2025 in an offering (the “Offering”) by the Company’s wholly-owned subsidiary Mohegan Escrow Issuer, LLC (the “Escrow Issuer”). Because the conditions for the release of the proceeds from escrow were satisfied, the Company and the Co-Issuer assumed the obligations of the Escrow Issuer.

The Company has also entered into a new, five-year $250 million senior secured revolving credit facility. The proceeds of the Offering and borrowings under the new revolving credit facility, together with cash on…

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