Caesars closes tender offers for 2025 notes; 95.8% and 87.7% tendered

Caesars Entertainment, Inc.

CRC's 5.750% notes due 2025: $947.6M (95.81%) of $989.1M outstanding tendered; consideration $1,001.83/$1,000.
Caesars' 6.250% notes due 2025: $2.981B (87.70%) of $3.399B outstanding tendered; consideration $1,003.79/$1,000.
Settlement date for both tender offers is February 6, 2024; accrued interest paid from January 1.
Company intends to redeem remaining notes or satisfy/discharge indentures post-settlement.

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