Seeking Alpha

Report: Caesars Entertainment in talks with creditors

  • Caesars Entertainment (CZR -1%) is in talks with creditors over restructuring its debt load, according to the New York Post.
  • It's a move that could calm some of the legal wrangling over the company's asset moves, but also brings more risk to share price into the equation, warns Imperial Capital.
  • What to watch: Senior creditors may be trying to jump in front of a $400M loan payment due to Appaloosa Management.
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