MGM MIRAGE Announces Consent Solicitation for Its 13% Senior Secured Notes Due 2013

PRNewswire -- MGM MIRAGE today announced that it has commenced a consent solicitation with respect to a proposed amendment to the indenture governing its 13% Senior Secured Notes due 2013 ($750 million aggregate principal amount; CUSIP Nos. 552953 BD2 and U5928T AH4) (the “Notes”). The proposed amendment would provide that the non-collateral asset sale covenant does not apply to the previously announced sale of Treasure Island.