Caesars entertainment, inc. announces final settlement of tender offer for 5.250% senior notes due 2025

Las vegas and reno, nev., oct. 8, 2021 /prnewswire/ -- caesars entertainment, inc. (the "company") (nasdaq: czr) today announced the expiration of the previously announced tender offer (the "tender offer") to purchase for cash up to $1.2 billion of the 5.250% senior notes due 2025 (the "notes") issued by its indirect wholly owned subsidiaries, caesars resort collection, llc and crc finco, inc. (the "issuers") on the terms and subject to the conditions set forth in the issuers' offer to purchase dated september 10, 2021 and the accompanying letter of transmittal dated september 10, 2021 (together, the "tender offer documents"), and that it accepted and made payment for $4,000 in aggregate principal amount of the notes which, combined with the previously announced early settlement on september 24, 2021 (the "early settlement date"), resulted in $889,281,000 in aggregate principal amount, representing approximately 52.31% of the notes.
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