Caesars’ Debt Restructured
Posted: June 24, 2016
Updated: October 6, 2017
Caesars has announced that it settled with debtors to amend debt restricting agreements.
Caesars Entertainment’s shares went slightly higher after the company announced that they have come to an agreement with creditors to restructure the company’s debt. According to US gambling news, the debtors agreed to support and “not hinder” the company’s debt restructuring. Caesars agreed that they will pay USD 300 million in cash to the banks as soon as possible.
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