New User:

-or-
Username:
Password:
Forgot your password?

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
Sign up for a free trial to see the rest of the stories you've been missing.
February 11, 2016
06:49 EDTCZRCaesars creditors threaten to abandon framework agreement, Reuters reports
Subscribe for More Information
February 3, 2016
12:29 EDTCZRCaesars unit requests bankruptcy mediator, Reuters reports
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the theflyonthewall.com disclaimer & terms of use