secwatch.observer — SEC 8-K summary
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Issuer:     Caesars Entertainment, Inc. (CZR)
CIK:        0001590895
Form:       8-K
Filed at:   2023-01-24T23:59:59+00:00
Accession:  0001193125-23-013434
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Caesars prices $2.0B 7.00% senior secured notes due 2030, up from $1.25B
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- Increased offering to $2.0B from previously announced $1.25B; 7.00% interest, maturity 2030, issue price 100%.
- Concurrent new $1.75B senior secured term loan facility; closing not conditional on note sale.
- Proceeds to repay CRC Term B Loans, fees, and for general corporate purposes, incl. potential repayment of CRC Term B-1 Loans.
- Notes and guarantees will be senior secured obligations, pari passu with existing secured debt.
- Offering expected to close Feb 6, 2023, in private placement under Rule 144A and Regulation S.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1590895/000119312523013434/0001193125-23-013434-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1590895/000119312523013434/d424451d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-013434

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