Caesars Entertainment proposes $1.25bn senior notes offering
| By Richard Mulligan
Caesars Entertainment has announced plans to offer $1.25bn aggregate principal amount of senior secured notes due 2030 in a private placement to qualified institutional buyers.
![](https://igamingbusiness.com/img-srv/AVOa1URsjF5oKZgDDt6TEuLtc-lKgQXlrVenSx6clRA/resizing_type:auto/width:0/height:0/gravity:sm/enlarge:1/ext:webp/strip_metadata:1/quality:90/bG9jYWw6Ly8vaWdhbWluZ2J1c2luZXNzLmNvbS93cC1jb250ZW50L3VwbG9hZHMvMjAyMy8wMS9uaWNrLWNob25nLU5fX0JudlFfdzE4LXVuc3BsYXNoLmpwZw.webp)
The net proceeds of the sale of the notes and a new loan facility will be used to repay loans accrued by Caesars Resort Collection LLC, a wholly owned subsidiary created in 2017 to amalgamate the debts of Caesars Growth Properties Holdings and Caesars Entertainment Resort Properties.
To read the full article visit iGB North America