Caesars entertainment, inc. closes sale of the linq promenade

Las vegas & reno, nev.--(business wire)--caesars entertainment, inc. (nasdaq: czr) (“caesars”) today announced the closing of the previously announced sale of the linq promenade to a joint venture formed between tpg real estate (“tpg”) and the investment management platform of acadia realty trust (“acadia”) for $275 million. concurrent with the closing of the transaction, caesars made a $275 million voluntary prepayment of our term loan b due 2030 with the proceeds from the transaction. latham.
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