Caesars Entertainment closed $3 billion in new senior secured credit facilities consisting of a new $750 million senior secured term loan and a new $2.25 billion senior secured revolving credit facility resulting from an increase and extension to...
Read Story
October 06, 2022, 08:05 AM
|
Caesars Entertainment Corporation and Caesars Entertainment Operating Company, Inc. and its Chapter 11 debtor subsidiaries announced that CEOC has entered into committed financing agreements for proposed new senior secured credit facilities...
Read Story
February 21, 2017, 07:46 AM
|
According to a Bloomberg report on December 23, 2016, creditors of Caesars Entertainment Operating Co. resolved a standoff that had threatened to scuttle a plan to bring the casino giant out of bankruptcy.Bloomberg reported that senior lenders to the...
Read Story
December 27, 2016, 08:04 AM
|
Caesars Entertainment Corporation and Caesars Entertainment Operating Company, Inc. ("CEOC") and its Chapter 11 debtor subsidiaries (collectively, the "Debtors") announced that they have received confirmation from representatives of CEOC's major...
Read Story
September 27, 2016, 07:38 AM
|
Caesars Entertainment Corporation announced that its Board has appointed the Honorable Robert E. Gerber as Chief Restructuring Officer. The appointment came at the recommendation of Caesars Entertainment's independent director committee, the...
Read Story
May 09, 2016, 08:10 AM
|
Millstein & Co., a financial advisory firm that develops solutions for complex corporate and public finance problems, announced that Mark Hootnick, a senior restructuring professional with over 20 years' experience in the industry, has joined...
Read Story
December 23, 2015, 07:44 AM
|
Caesars Entertainment Operating Company, Inc. ("CEOC"), has filed an Amended Plan of Reorganization (the "Amended Plan"), an accompanying Disclosure Statement (the "Disclosure Statement") and a motion to further extend exclusivity through March 15...
Read Story
October 08, 2015, 07:31 AM
|
Bloomberg reports Caesars Entertainment Corp. won a court ruling that gives it breathing room to try to negotiate an end to a bondholder lawsuit that could force the gambling company into bankruptcy alongside its main operating unit.A federal judge...
Read Story
August 28, 2015, 07:20 AM
|
Caesars Entertainment Corporation and Caesars Entertainment Operating Company, Inc. (CEOC) have entered into a Bank Restructuring Support Agreement (Bank RSA). The agreement, which is effective immediately, secures the support of CEOC's largest and...
Read Story
August 24, 2015, 07:37 AM
|
Caesars Entertainment Corporation ("CEC") and Caesars Entertainment Operating Company, Inc., a majority owned subsidiary of CEC ("CEOC") engaged in confidential discussions with certain beneficial holders (the "Bank Lenders") of first lien debt (the ...
Read Story
February 02, 2015, 07:52 AM
|
According to a Bloomberg story, Caesars Entertainment Operating Co. is to open its $20 billion bankruptcy fight today, pitting creditors against the gambling company’s controlling shareholders, Leon Black’s Apollo Global Management and David...
Read Story
January 26, 2015, 07:43 AM
|
Caesars Entertainment Operating Company, a subsidiary of Caesars Entertainment Corporation ("Caesars Entertainment") announced that it is moving forward to implement its previously announced financial restructuring plan. The plan, which has received...
Read Story
January 15, 2015, 08:06 AM
|
On Dec. 12, Bloomberg reported Caesars Entertainment Corp. highest-ranked lenders spurned the casino company’s efforts to restructure its most indebted unit, imperiling tentative agreements reached over three months of talks with a broader group of...
Read Story
December 15, 2014, 07:35 AM
|