Report: Caesars Entertainment in talks with creditors

|About: Caesars Entertainment (CZR)|By:, SA News Editor

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.