Las Vegas Monorail seeks approval for new reorganization plan

The Las Vegas Monorail filed a new reorganization plan with the U.S. Bankruptcy Court, proposing to pay bondholders with $13 million in new debt that has a lower interest rate. The monorail company, which transports passengers between gambling resorts, seeks to exit bankruptcy and pursue an expansion plan.

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Las Vegas Monorail Sends Latest Reorganization Plan to Judge - Bloomberg Businessweek

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