Station Casinos filed a registration statement with the Securities and Exchange Commission for a proposed public offering eight years after the casino chain went private.
Station Casinos on October 13 announced it filed its registration Form S-1 with the SEC to sell an undetermined number of shares at an undetermined price.
Deutsche Bank Securities and J.P. Morgan are joint lead book-running managers for the proposed public offering, and Band of America, Merrill Lynch and Goldman Sachs are providing book-running management, Station Casinos announced.
Station Casinos owns 19 casinos in southern Nevada and manages two tribal casinos. It had been traded publicly for 14 years before going private after a leveraged buyout in 2007.
Station Casinos reorganized via bankruptcy in 2009 and emerged in 2011, with Frank Fertitta III and Lorenzo Fertitta owning a combined 58 percent of shares and Deutsche Bank 25 percent, Vegas Inc. reported.
Station Casinos did not provide any comments or statements on the proposed offering beyond announcing it.
