CAESARS ENTERTAINMENT CORPORATION (NASDAQ:CZR) Files An 8-K Regulation FD DisclosureItem 7.01
On November17, 2017, Caesars Entertainment Corporation issued a press release announcing that Caesars Growth Properties Holdings, LLC and Caesars Growth Properties Finance, Inc. (collectively, the “CGPH Purchasers”) and Caesars Entertainment Resort Properties, LLC and Caesars Entertainment Resort Properties Finance, Inc. (collectively, the “CERP Purchasers”), are each extending the Early Payment Deadline, the Withdrawal Time and the Expiration Date for their cash tender offers to purchase (i)with respect to the CERP Purchasers, any and all of the outstanding $1,000,000,000 aggregate principal amount of their 8% First-Priority Senior Secured Notes due 2020 and $1,150,000,000 aggregate principal amount of their 11% Second-Priority Senior Secured Notes due 2021 and (ii)with respect to the CGPH Purchasers, any and all of the outstanding $675,000,000 aggregate principal amount of their 9.375% Second-Priority Notes due 2020, subject to financing and other conditions. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
| Item 7.01. | Financial Statements and Exhibits. |
The following exhibit is furnished herewith:
|
Exhibit No. |
Description |
| 99.1 | Press Release. |
EXHIBIT INDEX
|
Exhibit No. |
Description |
| 99.1 | Press Release. |
CAESARS ENTERTAINMENT Corp ExhibitEX-99.1 2 d498308dex991.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 Extension of the Early Payment Deadline and Expiration Date for the Previously Announced Tender Offers for Debt Securities 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.