Affinity Gaming, a casino gaming operator based in Las Vegas, repriced its existing $300 million term loan B with Credit Suisse, Fifth Third and Citizens Bank as arrangers.

The loan was originally issued when the company refinanced its capital structure in July 2016. The transaction reduced the interest rate spread on the term loan by 50 basis points to Eurodollar rate+350 basis points.

Walter Bogumil, chief financial officer of Affinity Gaming, said, “Our ongoing successful execution on our strategic plan continues to drive improvements in our operating trajectory and momentum. Our ability to generate these improvements enabled us to successfully reprice our term loan just seven months after the refinancing of our capital structure.”