Caesars calls $1.065B of 8.125% notes due 2027 at 102.031%; refinancing with 6% notes due 2032

Caesars Entertainment, Inc.

Conditional partial redemption of $1.065B principal; redemption price 102.031% plus accrued interest.
Redemption date is October 17, 2024, subject to receipt of net proceeds from new 6.000% Senior Notes due 2032.
Outstanding Notes as of June 30, 2024 were $1.611B; roughly 66% being redeemed.
Refinancing replaces 8.125% coupon with 6.000%, reducing annual interest expense.

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