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Stock Market & Financial Investment News

News Breaks
June 30, 2014
11:12 EDTCZRCaesar's unit CEOC amends previously announced cash tender offers
Earlier today, Caesars Entertainment Corporation announced that its subsidiary, Caesars Entertainment Operating Company, CEOC, has amended its previously announced cash tender offers to purchase any and all of the outstanding $791,767,000 aggregate principal amount of its 5.625% Senior Notes due 2015 and any and all of the outstanding $214,800,000 aggregate principal amount of its 10.00% Second-Priority Senior Secured Notes due 2015. CEOC is extending the previously announced early tender time, which was 5:00 p.m., New York City time, on June 27, to 5:00 p.m., New York City time, on July 7. The Issuer is also extending the previously announced expiration time, which was 5:00 p.m., New York City time, on June 27, to 5:00 p.m., New York City time, on July 7, 2014. All other terms of the tender offers remain unchanged. Accordingly, holders of Notes who validly tender their Notes before the Expiration Time will be eligible to receive the previously announced total consideration of $1,048.75 for each $1,000 principal amount of the 5.625% Notes and $1,022.50 for each $1,000 principal amount of the 10.00% Notes. Shares of Caesars Entertainment are up over 2% in late morning trading.
News For CZR From The Last 14 Days
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September 30, 2014
08:43 EDTCZRApollo wins approval for transfer of Caesar's loyalty program, NY Post says
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September 26, 2014
09:33 EDTCZRNevada reports August statewide gaming win down 3.66% to $920.29M
Nevada reports August Las Vegas Strip gaming win down 6.08% to $553.19M. Publicly traded companies in the space include Boyd Gaming (BYD), Caesar's (CZR), Las Vegas Sands (LVS), MGM Resorts (MGM), Penn National (PENN) and Wynn Resorts (WYNN).
September 17, 2014
15:36 EDTCZRCaesar's senior lenders drawn into debt restructuring talks, Bloomberg says
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