Tag Archives: COEC

Caesars settles over restructuring plan with CEOC bondholder

SBC News Caesars settles over restructuring plan with CEOC bondholder

Updating the market, Caesars Entertainment Corporation (CEC) has announced that it has settled one of several bondholder lawsuits filed against debt holding subsidiary Caesars Entertainment Operating Company (CEOC). Filing a Securities and Exchange Commission notice on Wednesday, CEC governance detailed that it had settled with creditor Frederick Barton Danner a 6.5% bondholder in CEOC notes. Danner representatives have confirmed that they …

Read More »

Caesars Entertainment secures new restructuring terms with majority debt holders

SBC News Caesars Entertainment secures new restructuring terms with majority debt holders

Updating the market Caesars Entertainment Corporation (CEC) has announced that it has agreed on terms with creditors to amend restructuring agreements for  its bankrupt operating division ‘Caesars Entertainment Operating Co’ (COEC). Issuing a filing with the Securities and Exchange Commission, CEC governance declared that it had reached an agreement with first lien creditors representing approximately two-thirds of aggregated COEC debt. …

Read More »