CAESARS ENTERTAINMENT CORPORATION (NASDAQ:CZR) Files An 8-K Regulation FD DisclosureItem 7.01. Regulation FD Disclosure.
On September29, 2017, Caesars Entertainment Corporation (“CEC”) issued a press release announcing the pricing of a $5.7 billion senior secured credit facility and an offering of $1.7 billion aggregate principal amount of 5.250% senior notes due 2025 to be used in a full repayment of all existing debt at Caesars Entertainment Resort Properties, LLC and Caesars Growth Properties Holdings, LLC. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated by reference herein.
The information set forth in this Item 7.01 of this Current Report on Form 8-K is being furnished to Item 7.01 of Form 8-K and shall not be deemed “filed” for purposes of Section18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any of CEC’s filings under the Securities Act of 1933, as amended, or the Exchange Act, whether made before or after the date hereof and regardless of any general incorporation language in such filings, except to the extent expressly set forth by specific reference in such a filing. The filing of this Item 7.01 of this Current Report on Form 8-K shall not be deemed an admission as to the materiality of any information herein that is required to be disclosed solely by reason of Regulation FD.
| Item 7.01. | Financial Statements and Exhibits. |
The following exhibit is furnished herewith:
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ExhibitNo. |
Description |
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99.1 |
Press Release. |
EXHIBIT INDEX
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ExhibitNo. |
Description |
| 99.1 | Press Release. |
CAESARS ENTERTAINMENT Corp ExhibitEX-99.1 2 d450802dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 Contacts: Media Investors Stephen Cohen Joyce Arpin (212) 886-9332 (702) 880-4707 Caesars Entertainment Announces Pricing of $5.7 Billion Senior Secured Credit Facility and $1.7 Billion Senior Notes LAS VEGAS,…To view the full exhibit click here
About CAESARS ENTERTAINMENT CORPORATION (NASDAQ:CZR)
Caesars Entertainment Corporation (Caesars) is a holding company. The Company offers casino-entertainment and hospitality services. It operates through three segments: Caesars Entertainment Resort Properties (CERP), Caesars Growth Partners Casino Properties and Developments (CGP Casinos) and Caesars Interactive Entertainment, Inc. (CIE). The Company’s facilities include gaming offerings, food and beverage outlets, hotel and convention space, and non-gaming entertainment options. In addition to its brick and mortar assets, it operates an online gaming business that provides social and mobile games offerings that utilize virtual currency, as well as real money games in certain jurisdictions. The Company owns CERP and an interest in Caesars Growth Partners, LLC (CGP). Through its consolidated entities, it owns and operates approximately 10 casinos in the United States, with over one million square feet of gaming space and over 23,000 hotel rooms.