Red Rock Resorts unit arranges $500M in term loans

The loans carry the existing term B facility’s maturity and are intended to repay revolving borrowings, cover related fees and support general corporate purposes.

Rhea-AI Filing Summary

Red Rock Resorts, Inc. (RRR) subsidiary Station Casinos LLC entered into an incremental joinder to its senior secured credit agreement providing for $500 million in aggregate principal amount of incremental term B loans. The loans are the same class as, fungible with and have terms identical to the existing term B loans, including the same maturity date. They bear interest at Term SOFR plus 2.00% per annum or the base rate plus 1.00% per annum.

Station Casinos intends to use the proceeds to repay revolving loans, pay related fees and expenses, and for general corporate purposes. The loans are guaranteed by existing and future material restricted subsidiaries and secured by pledges of all equity interests in the Borrower and its material restricted subsidiaries, security interests in substantially all personal property of the Borrower and subsidiary guarantors, and mortgages on real property and improvements owned or leased by certain subsidiaries.

8-K Event Classification

4 items: 1.01, 2.03, 7.01, 9.01

4 items

Item 1.01 Entry into a Material Definitive Agreement Business

The company signed a significant contract such as a merger agreement, credit facility, or major partnership.

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement Financial

The company incurred a new significant debt or off-balance-sheet obligation.

Item 7.01 Regulation FD Disclosure Disclosure

Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, or exhibit attachments filed with this report.

Key Figures

Incremental term B loans: $500 million aggregate principal amount Term SOFR interest spread: Term SOFR plus 2.00% per annum Base rate interest spread: Base rate plus 1.00% per annum

3 metrics

Incremental term B loans $500 million aggregate principal amount Provided for under the incremental joinder

Term SOFR interest spread Term SOFR plus 2.00% per annum Interest rate on the incremental term B loans

Base rate interest spread Base rate plus 1.00% per annum Alternative interest rate on the incremental term B loans

Key Terms

incremental term B loans, fungible, Term SOFR, material restricted subsidiaries

4 terms

incremental term B loans financial

"aggregate principal amount of incremental term B loans"

fungible financial

"same class as, fungible with"

Fungible describes an asset that is interchangeable with another of the same kind because each unit holds the same value and function. For investors this matters because fungible assets are easier to trade, price, and store—think of cash or grains where one unit can replace another, unlike a unique artwork or a signed collectible which may be worth more or less depending on provenance. Fungibility affects liquidity, market efficiency, and how assets are settled or regulated.

Term SOFR financial

"bear interest at Term SOFR plus 2.00% per annum"

Term SOFR is a benchmark interest rate that reflects the cost of borrowing money over a specific period, based on actual transactions in the financial markets. It is used by lenders and borrowers to set the interest rates on loans and financial contracts, helping to ensure rates are fair and transparent. For investors, understanding term SOFR helps gauge borrowing costs and the overall direction of interest rates in the economy.

material restricted subsidiaries financial

"existing and future material restricted subsidiaries"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How much in incremental term B loans did Station Casinos arrange for RRR?

The incremental joinder provides for $500 million in aggregate principal amount of term B loans. They are the same class as, fungible with and have terms identical to Station Casinos’ existing term B loans.

What is the interest rate on RRR’s incremental term B loans?

The loans bear interest at Term SOFR plus 2.00% per annum or the base rate plus 1.00% per annum.

How does Station Casinos intend to use the loan proceeds?

Station Casinos intends to use the proceeds to repay outstanding revolving loans under its credit agreement, pay related fees and expenses, and for general corporate purposes.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 10/21/2026 - 05:11 PM EDT Accepted by SEC EDGAR 10/21/2026 - 05:11 PM EDT Learn about SEC filing dates

false 0001653653 0001653653 2026-10-21 2026-10-21

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

Current Report

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): October 21, 2026

Red Rock Resorts, Inc.

(Exact name of registrant as specified in its charter)

Delaware		001-37754		47-5081182
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification No.)

1505 South Pavilion Center Drive, Las Vegas, Nevada 89135

(Address of principal executive offices)

Registrant’s telephone number, including area code: (702) 495-3000

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Class A Common Stock, $0.01 par value		RRR		NASDAQ Stock Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 1.01 Entry into a Material Definitive Agreement.

On October 21, 2026, Station Casinos LLC (the “Borrower”), a subsidiary of Red Rock Resorts, Inc. (“RRR” or the “Company”) (Nasdaq: RRR), entered into an incremental joinder agreement to its senior secured credit agreement providing for $500 million of incremental term B loans, which are fungible with the Borrower’s existing term B loans.

Incremental Joinder Agreement

The Borrower, the Company, Station Holdco LLC (“Holdco”) and certain subsidiaries of the Borrower, as guarantors (the “Guarantors”), entered into the Incremental Joinder Agreement (the “Incremental Joinder”) with the lenders party thereto and Deutsche Bank AG Cayman Islands Branch, as administrative agent and collateral agent, which amends the Borrower’s Amended and Restated Credit Agreement, dated as of March 14, 2024 (as amended by the First Amendment to Amended and Restated Credit Agreement, dated as of December 18, 2024, and as further amended from time to time, the “Credit Agreement”). The Incremental Joinder provides for $500 million in aggregate principal amount of incremental term B loans (the “2026 Incremental Term B Loans”), which are of the same class as, fungible with and have terms identical to the term B loans outstanding under the Credit Agreement immediately prior to the effectiveness of the Incremental Joinder. The 2026 Incremental Term B Loans mature on the existing term B facility maturity date and bear interest at Term SOFR plus 2.00% per annum (or the base rate plus 1.00% per annum). Consistent with the existing borrowings under the Credit Agreement, the 2026 Incremental Term B Loans are guaranteed by all of the Borrower’s existing and future material restricted subsidiaries and are secured by pledges of all of the equity interests in the Borrower and its material restricted subsidiaries, a security interest in substantially all of the personal property of the Borrower and the subsidiary guarantors, and mortgages on the real property and improvements owned or leased by certain of the Borrower’s subsidiaries. The Borrower intends to use the proceeds from the 2026 Incremental Term B Loans to repay outstanding revolving loans under the Credit Agreement, pay related fees and expenses and for other general corporate purposes.

The Incremental Joinder is filed as Exhibit 10.1 hereto and this description thereof is qualified by reference thereto.

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

The information contained in Item 1.01 is incorporated by reference into this Item 2.03.

Item 7.01 Regulation FD Disclosure.

On October 21, 2026, the Borrower issued a press release announcing the Incremental Joinder. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference into this Item 7.01.

The information set forth in this Item 7.01 of this Current Report on Form 8-K and the related information in Exhibit 99.1 attached hereto is being furnished herewith, and shall not be deemed filed for purposes of Section 18 of the Exchange Act or otherwise subject to the liabilities of that section, and shall not be incorporated by reference in any filing with the Securities and Exchange Commission under the Securities Act or the Exchange Act, except as shall be expressly set forth by specific reference therein.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit Number		Description
10.1		Incremental Joinder Agreement, dated October 21, 2026, by and among Station Casinos LLC, Red Rock Resorts, Inc., Station Holdco LLC, the guarantors party thereto, the lenders party thereto and Deutsche Bank AG Cayman Islands Branch, as administrative agent and collateral agent
99.1		Press Release, dated October 21, 2026, issued by Red Rock Resorts, Inc.
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto, duly authorized.

						RED ROCK RESORTS, INC.
October 21, 2026						/s/ Stephen L. Cootey
				By:		Stephen L. Cootey
				Title:		Executive Vice President, Chief Financial Officer and Treasurer

Exhibit 99.1

Station Casinos LLC Announces

Closing of $500 Million Incremental Term B Loan

LAS VEGAS, October 21, 2026 – Station Casinos LLC (the “Company” or “Station Casinos”), a consolidated subsidiary of Red Rock Resorts, Inc. (NASDAQ: RRR), announced today that it has entered into an incremental joinder agreement to its senior secured credit agreement providing for $500 million in aggregate principal amount of incremental term B loans (the “Incremental Term B Loans”). The Incremental Term B Loans are fungible with, and have the same terms as, the Company’s existing term B loans outstanding under its credit agreement, including as to maturity. The Incremental Term B Loans bear interest at Term SOFR plus 2.00% per annum. The Company intends to use the proceeds from the Incremental Term B Loans to repay borrowings outstanding under its revolving credit facility, pay related fees and expenses and for general corporate purposes.

FORWARD-LOOKING STATEMENTS

Statements contained in this news release that state the Company’s or management’s intentions, expectations or predictions of the future are forward-looking statements, including statements regarding the intended use of proceeds from the Incremental Term B Loans. Actual results could differ materially from those projected in such forward-looking statements. Additional information concerning factors that could cause actual results to differ materially is contained from time to time in the reports filed by Red Rock Resorts, Inc., the Company’s parent company, with the Securities and Exchange Commission, including but not limited to Red Rock Resorts, Inc.’s Annual Report on Form 10-K for the year ended December 31, 2025. The Company and Red Rock Resorts, Inc. disclaim any intention or obligation to revise any forward-looking statements, including financial estimates, whether as a result of new information, future events or otherwise.

ABOUT RED ROCK RESORTS

Red Rock Resorts, Inc. is a holding company that owns an indirect equity interest in and manages Station Casinos. Station Casinos is the leading provider of gaming, hospitality and entertainment to the residents of Las Vegas, Nevada. Station Casinos’ properties, which are located throughout the Las Vegas valley, are regional entertainment destinations and include various amenities, including numerous restaurants, entertainment venues, movie theaters, bowling and convention/banquet space, as well as traditional casino gaming offerings such as video poker, slot machines, table games, bingo and race and sports wagering. Station Casinos owns and operates Red Rock Casino Resort Spa, Green Valley Ranch Resort Spa Casino, Durango Casino Resort, Palace Station Hotel & Casino, Boulder Station Hotel & Casino, Sunset Station Hotel & Casino, Santa Fe Station Hotel & Casino, Wildfire Rancho, Wildfire Boulder, Wildfire Sunset, Wildfire Valley View, Wildfire Anthem, Wildfire Lake Mead, Wildfire on Fremont and Seventy Six by Station Casinos (North Lamb, Aliante, Union Village, Tropicana, and Fort Apache). Station Casinos also owns a 50% interest in Barley’s Casino & Brewing Company, Wildfire Casino & Lanes and The Greens.

INVESTORS:

Stephen L. Cootey

Stephen.Cootey@redrockresorts.com

(702) 495-4214

MEDIA:

Michael J. Britt

Michael.Britt@redrockresorts.com

(702) 495-3693

Filing Exhibits & Attachments

5 documents

Press Releases

• EX-99.1 EX-99.1 5.4 KB

Agreements & Contracts

• EX-10.1 EX-10.1 66.3 KB

Other Documents

• EX-101 XBRL TAXONOMY EXTENSION SCHEMA 3.1 KB
• EX-101 XBRL TAXONOMY EXTENSION LABEL LINKBASE 16.8 KB
• EX-101 XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE 10.6 KB