Poydras Gaming Finance Corp. (TSXV:PYD) announced that it has entered into a note purchase agreement for gross proceeds of $36,000,000 on December 28, 2017. The transaction involved participation from new investor, Prudential Capital Group, L.P. The company issued delayed draw capital expenditure facility for $4,000,000, senior secured notes for $18,000,000, and senior subordinated notes for $14,000,000. The senior loans are secured against all or substantially all of the assets of the company, they have a five year term and will mature on December 28, 2022. The senior subordinated notes will bear an interest of 14.0% and will mature on December 28, 2023.