Edition:
United States

Caesars Entertainment Corp (CZR.OQ)

CZR.OQ on NASDAQ Stock Exchange Global Select Market

11.35USD
26 May 2017
Change (% chg)

$0.15 (+1.34%)
Prev Close
$11.20
Open
$11.20
Day's High
$11.35
Day's Low
$11.07
Volume
315,473
Avg. Vol
222,992
52-wk High
$11.80
52-wk Low
$5.40

Latest Key Developments (Source: Significant Developments)

Caesars Entertainment says Mississippi Gaming Commission granted regulatory approvals required by commission for restructuring of CEOC
Thursday, 18 May 2017 04:15pm EDT 

May 18 (Reuters) - Caesars Entertainment Corp ::Caesars Entertainment Corp- Mississippi Gaming Commission granted regulatory approvals required by commission for restructuring of CEOC.  Full Article

Caesars Entertainment, CEOC announce sale of remaining stake in Conrad Punta Del Este
Thursday, 18 May 2017 04:15pm EDT 

May 18 (Reuters) - Caesars Entertainment Corp ::Caesars Entertainment, Caesars Entertainment Operating Co. announce sale of remaining stake in Conrad Punta Del Este.Caesars Entertainment Corp- Baluma Holdings S.A., a non-debtor foreign unit of CEOC sold 55% share in Punta Del Este Conrad in Uruguay to Enjoy S.A..Caesars Entertainment Corp- Baluma Holdings received net proceeds from transaction of about $180 million after distributions to certain minority investors.Caesars Entertainment Corp- sale is result of Enjoy S.A. Exercising right under terms of Enjoy S.A.'s 2013 deal.  Full Article

Caesars Entertainment sees CZR Enterprise Wide net revenue of $8.39 bln in 2017 - SEC Filing
Thursday, 18 May 2017 02:31pm EDT 

May 18 (Reuters) - Caesars Entertainment Corp ::Sees CZR Enterprise Wide net revenue $8.39 billion in 2017,$8.71 billion in 2018, $8.96 billion in 2019,$9.21 billion in 2020, $9.46 billion in 2021.Sees CZR Enterprise Wide cap ex of $670 million in 2017, $541 million in 2018, $466 million in 2019, $472 million in 2020, $427 million in 2021.  Full Article

Caesars Entertainment says unit entered into an amendment no. 1 amending first lien credit agreement
Friday, 12 May 2017 09:30am EDT 

May 12 (Reuters) - Caesars Entertainment Corp :Caesars entertainment - on may 12 unit entered into an amendment no. 1 amending first lien credit agreement, dated as of october 11, 2013 - sec filing.Caesars entertainment - amendment reduces interest rate margins applicable to about $211 million of cerp's existing $270 million revolving credit facility.Caesars entertainment - portion of revolving facility that was not repriced under amendment will remain in effect with existing interest rate margins.Caesars entertainment corp - amendment reduces interest rate margins applicable to cerp's existing approximately $2.4 billion term loan facility.  Full Article

Caesars Entertainment announces rulings from New Jersey Gaming Regulators
Thursday, 11 May 2017 10:27am EDT 

May 11 (Reuters) - Caesars Entertainment Corp ::Co, Caesars Entertainment Operating Company said New Jersey Casino Control Commission ruled on matters related to CEOC restructuring.Anticipates New Jersey Casino Control Commission rulings to be forthcoming by early Q3 of 2017.Commission approved lease agreement between entities and Caesars Atlantic City and Bally's Park Place.Caesars Entertainment anticipates rulings to be forthcoming by early Q3 of 2017.Commission ruled entities to own real property assets of Caesars Atlantic City, to be licensed as casino service industry enterprise licensees.Further approvals of matters required to complete restructuring & merger are pending before New Jersey Division Of Gaming Enforcement & Commission.  Full Article

Caesars Entertainment Corp announces repricing of CERP's about $2.4 bln senior secured term loan facility
Wednesday, 10 May 2017 08:18am EDT 

May 10 (Reuters) - Caesars Entertainment Corp :Caesars entertainment corp - announcing repricing of cerp's approximately $2.4 billion senior secured term loan facility.Caesars entertainment corp - closing of repricing transaction is anticipated to occur during week of may 8, 2017- sec filing.Caesars entertainment- announces repricing of caesars entertainment resort properties about $211 million of its about $270 million revolving credit facility.  Full Article

Caesars Entertainment says Q1 revenue rose 1.4 pct to $963 mln
Tuesday, 2 May 2017 04:01pm EDT 

May 2 (Reuters) - Caesars Entertainment Corp :Caesars Entertainment reports financial results for the first quarter of 2017.Q1 revenue rose 1.4 percent to $963 million.Caesars Entertainment Corp - qtrly basic and diluted loss per share $3.71.Q1 earnings per share view $0.54, revenue view $2.11 billion -- Thomson Reuters I/B/E/S.  Full Article

Caesars Entertainment's unit enters into incremental assumption agreement
Friday, 28 Apr 2017 04:52pm EDT 

April 28 (Reuters) - Caesars Entertainment Corp -:Caesars Entertainment-co's unit entered into an incremental assumption agreement and amendment no. 1 that amends first lien credit agreement, dated may 8, 2014.Caesars Entertainment -among other things, amendment provides for increase of cgph's existing term loan facility by $175 million to about $1.3 billion.Caesars Entertainment- amendment provides proceeds of $175 million increase of term facility will be held in escrow until receipt of all required regulatory approvals.Caesars Entertainment- amendment reduces interest rate margins applicable to term facility, unit's existing $150 million revolving credit facility-sec filing.Caesars Entertainment- if approvals not obtained by july 26, 2017, $175 million of proceeds to be repaid,cromwell's property specific term loan remain outstanding.  Full Article

Caesars Entertainment says unit intends to reprice existing $2.4 bln term loan B due 2020
Thursday, 27 Apr 2017 01:29pm EDT 

April 27 (Reuters) - Caesars Entertainment Corp ::Co's unit announced its intent to seek a repricing of its existing $2.4 billion term loan B due 2020 - SEC filing.  Full Article

Caesars Entertainment prices $1.45 bln senior secured facilities
Tuesday, 25 Apr 2017 04:01pm EDT 

April 25 (Reuters) - Caesars Entertainment Corp -:Caesars Entertainment, Caesars acquisition announces pricing of cgph $1.45 billion senior secured credit facility.Caesars Entertainment Corp - priced senior secured facilities in an aggregate principal amount of approximately $1.45 billion.Caesars Entertainment Corp - term facility consists of cgph's existing approximately $1.14 billion term loan b due 2021.Caesars Entertainment - facility also consists of raise of additional $175 million add-on term loan to repay of outstanding amounts under cromwell's property-specific term loan.  Full Article

More From Around the Web

BRIEF-Caesars Entertainment, CEOC announce sale of remaining stake in Conrad Punta Del Este

* Caesars Entertainment, Caesars Entertainment Operating Co. announce sale of remaining stake in Conrad Punta Del Este