Station Casinos, which operates 21 casino and entertainment properties in Las Vegas, filed on Tuesday with the SEC for an IPO that we estimate could raise up to $300 million.
The Las Vegas, NV-based company, which was founded in 1976 and booked $1.3 billion in sales for the 12 months ended June 30, 2015, did not disclose an exchange or a ticker. Deutsche Bank, J.P. Morgan, BofA Merrill Lynch and Goldman Sachs are the joint bookrunners on the deal. No pricing terms were disclosed.
