MGM MIRAGE Announces Tender Offer for Senior Notes Maturing in 2009

PRNewswire -- MGM MIRAGE (the “Company”) today announced that it has commenced a cash tender offer (the “Offer”) to purchase any and all of the 6.50% Senior Notes due July 31, 2009 ($226.3 million aggregate principal amount; CUSIP No. 562567 AM9) of Mandalay Resort Group, and its 6.00% senior notes due October 1, 2009 ($820.0 million aggregate principal amount; CUSIP No. 552953 AF8) collectively (the “Notes”). The tender offer is being made pursuant to an Offer to Purchase and a related Letter of Transmittal, dated as of May 13, 2009. The Offer will expire at 11:59 p.m., New York City time, on June 10, 2009, unless extended or earlier terminated (the “Expiration Date”).