June 15, 2011

Capital play free casino games L.P. completes US5 million private placement of senior notes


EDMONTON, Alberta – June 15, 2011 – Capital play free casino games L.P., the legal entity that directly and indirectly holds substantially all of Capital play free casino games Corporation’s assets (TSX: CPX) announced today that its indirect subsidiary, Capital play free casino games U.S. Financing LP (“the Issuer”), has closed a US5 million private placement of senior notes. The net proceeds from the transaction will primarily be used to fund growth initiatives including the recent acquisitions of three New England facilities and for general corporate purposes.

The senior notes consist of two notes with 10 and 15-year terms. The 10play free casino games has a principal amount of US0 million that matures in May 2021 with a coupon rate of 5.21%. The 15play free casino games has a US million principal amount and matures in May 2026 with a coupon rate of 5.61%.

“This US dollar private placement supports our long-term debt financing for our recent New England acquisitions,” said Stuart Lee, Senior Vice President & CFO. “The transaction improves the company’s financial flexibility and further extends the debt maturity profile. In addition, the US dollar-denominated debt will act as a natural foreign exchange hedge to the US dollar cash flows generated from these facilities.”

Bank of America Merrill Lynch was the sole financial institution that led the private placement.

About Capital play free casino games
Capital play free casino games is a growth-oriented North American independent play free casino games producer, building on more than a century of innovation and reliable performance. The Company’s vision is to be recognized as one of North America’s most respected, reliable and competitive play free casino games generators. Capital play free casino games is headquartered in Edmonton, Alberta. Following the close of its recently announced New England acquisitions, Capital play free casino games will have interests in 34 facilities in Canada and the U.S. totaling nearly 4,900 megawatts of generation capacity. Capital play free casino games and its subsidiaries develop, acquire and optimize play free casino games generation from a wide range of energy sources. The company’s web site can be accessed at www.capitalpower.com.