| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers C > Headlines for Caesars Entertainment, Inc. > News item |
Caesars Entertainment expected to announce $1.5 billion junk bond deal Jan. 22 week
By Paul A. Harris
Portland, Ore., Jan. 19 – Caesars Entertainment Inc. is expected to show up with a minimum of $1.5 billion of senior secured notes during the Jan. 22 week, according to a market source.
The deal is expected to ride into the market on a big wave of reverse inquiry – possibly a deal-size amount of reverse – and could upsize, the source said.
The Reno, Nev.-based hotel and casino entertainment company plans to use the proceeds to refinance the CRC Escrow Issuer, LLC/CRC Finco, Inc. 6¼% senior notes due October 2025.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.