Caesar's deal with second-lien bondholders could dilute shares, Barron's says Apollo Global Management and TPG are fighting with Caesar's bondholders and any deal with second-lien bondholders could result in issuance of company shares, Barron's contends in a feature column. Reference Link
News For CZR From The Last 14 Days
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Caesar's in talks with creditors to restructure debt load, NY Post reports The New York Post reports that Caesar's has been in talks to restructure its debt load with its senior creditors. According to sources, the talks would likely give the debt holders positions in the "two newly created pieces of Caesars that hold the most promising assets," which includes the company's online gaming business. Reference Link