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Harrah's receives no tenders of convertibles
New York, Aug. 15 - Harrah's Entertainment, Inc. said its Harrah's Operating Co., Inc. subsidiary received no tenders of its floating-rate contingent convertible senior notes due 2024 originally issued by Caesars Entertainment, Inc. under the change-of-control tender offer.
The tender ended at 5 p.m. ET on Aug. 12.
The Las Vegas-based gaming company was offering par plus accrued interest up to but excluding the payment date for the notes.
The tender, announced July 13, was required under the change-of-control provisions of the convertibles' indenture.
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