Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
Caesars Entertainment, Inc. amended term loan of $2.5 billion with JPMorgan Chase Bank, N.A., as administrative agent at Term SOFR plus 2.75% per annum or Base Rate plus 1.75% per annum.
- Instrument
- term loan
- Principal
- $2.5 billion
- Counterparty
- JPMorgan Chase Bank, N.A., as administrative agent
- Rate
- Term SOFR plus 2.75% per annum or Base Rate plus 1.75% per annum
- Event
- amendment
Exact text from the filing
modified from time to time, the “Credit Agreement”). Among other things, the Amendment reduces the interest rate margins applicable to the Company’s existing approximately $2.5 billion term B loan facility to, at the Company’s option, either (a) a forward-looking term rate based on the secured overnight financing rate for the applicable interest period (“Term
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Caesars Entertainment, Inc. amended Fourth Amendment to Credit Agreement with the lenders party thereto and JPMorgan Chase Bank, N.A., as administrative agent (effective 2024-05-09).
- Action
- amendment
- Agreement
- credit facility
- Counterparty
- the lenders party thereto and JPMorgan Chase Bank, N.A., as administrative agent
- Effective
- 2024-05-09
Exact text from the filing
On May 9, 2024, Caesars Entertainment, Inc. (the “Company”), a Delaware corporation, entered into a Fourth Amendment to Credit Agreement (the “Amendment”), by and among the Company, the lenders party thereto and JPMorgan Chase Bank, N.A., as administrative agent (the “Administrative Agent”).
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