Photos by Elijah McKee and courtesy of Jamul Casino With this refinance, the JIVDC was able to pay off the entirety of its high interest rate loan with funds from the refinance and significantly reduce the interest rate on its debt, dramatically improving the financial future of the Jamul Indian Village. JIVDC was able to retire all of its high interest pre-development debt and consolidate its financing in a single low interest loan. Bank, Nevada State Bank, KeyBank, First-Citizens Bank & Trust Co.
Ma(Jamul) - On February 10, 2022, the Jamul Indian Village Development Corporation (JIVDC), owner and operator of Jamul Casino ®, closed on a refinance with a syndicate of commercial banks led by Western Alliance Bank. JIVDC was able to retire all of its high-interest pre-development debt and consolidate its financing in a single low-interest loan. Photo: the Jamul Indian Village Development Corporation (JIVDC), owner and operator of Jamul Casino, recently closed on a refinance with a syndicate of commercial banks.
