{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-135268","form_type":"8-K","ticker":"CZR","cik":"0001590895","company_name":"Caesars Entertainment, Inc.","filed_at":"2024-05-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.121524+00:00","generated_at":"2026-06-02T06:00:34.843193+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Caesars reduces interest margin on $2.5B term B loan to SOFR+2.75%","bullets":["Reduced margin on ~$2.5B term B loan to Term SOFR + 2.75% or Base Rate + 1.75%.","Amendment effective May 9, 2024; non-consenting lenders replaced by JPMorgan.","Six-month soft-call: 1.00% premium on voluntary prepayment or yield-reducing amendment.","Company confirms no default and reaffirms guarantees and collateral under loan documents."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-135268","json":"https://secwatch.observer/filing/0001193125-24-135268.json","markdown":"https://secwatch.observer/filing/0001193125-24-135268.md","text":"https://secwatch.observer/filing/0001193125-24-135268.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1590895/000119312524135268/0001193125-24-135268-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1590895/000119312524135268/d827488d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T06:00:34.843193+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"6fd3d499654fa1ee41962a1e93c6744f6e3f25e0","claim":"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.","evidence_excerpt":"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","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1590895/000119312524135268/0001193125-24-135268-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"term loan"},{"label":"Principal","value":"$2.5 billion"},{"label":"Counterparty","value":"JPMorgan Chase Bank, N.A., as administrative agent"},{"label":"Rate","value":"Term SOFR plus 2.75% per annum or Base Rate plus 1.75% per annum"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"},{"claim_id":"ad8baa4a38bcfd2c1444f68369f986dee49354af","claim":"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).","evidence_excerpt":"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”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1590895/000119312524135268/0001193125-24-135268-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"the lenders party thereto and JPMorgan Chase Bank, N.A., as administrative agent"},{"label":"Effective","value":"2024-05-09"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}