Current Report Filing (8-k)
October 17 2016 - 6:03AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant
to Section 13 or 15(d)
of the Securities Exchange Act of 1934
October 14, 2016
Date of Report (Date of earliest event reported)
Caesars
Entertainment Corporation
(Exact name of registrant as specified in its charter)
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Delaware
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001-10410
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62-1411755
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(State of Incorporation)
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(Commission
File Number)
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(IRS Employer
Identification Number)
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One Caesars Palace Drive
Las Vegas, Nevada 89109
(Address of principal executive offices) (Zip Code)
(702) 407-6000
(Registrants telephone number, including area code)
N/A
(Former Name or
Former Address, if Changed Since Last Report)
Check the appropriate box below
if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Item 7.01 Regulation FD Disclosure.
On October 14, 2016, Caesars Entertainment Corporation (
CEC
), Caesars Entertainment Operating Company, Inc., a majority
owned subsidiary of CEC (
CEOC
and, with its debtor subsidiaries, the
Debtors
and, together with CEC, the
Caesars Parties
), and holders (the
Consenting Creditors
) of claims
in respect of CEOCs 11.25% Senior Secured Notes due 2017, CEOCs 8.5% Senior Secured Notes due 2020 and CEOCs 9% Senior Secured Notes due 2020 agreed to extend the automatic termination date set forth in the Sixth Amended &
Restated Restructuring Support and Forbearance Agreement, dated as of October 4, 2016 (the
First Lien Bond RSA
), among the Caesars Parties and the Consenting Creditors, from 11:59 p.m. (E.S.T.) on October 14, 2016 to
11:59 p.m. (E.S.T.) on October 19, 2016. The First Lien Bond RSA will terminate automatically on such date unless the Ad Hoc Committee of First Lien Noteholders (as defined in the First Lien Bond RSA) has confirmed that they have reached an
agreement with the Caesars Parties and the Official Committee of Second Priority Noteholders on certain documentation in connection with the Debtors Third Amended Joint Plan of Reorganization or the parties agree to a further extension.
On October 14, 2016, CEC issued a press release in connection with the foregoing. A copy of the press release is attached hereto as
Exhibit 99.1, and is incorporated into this report by reference.
The information set forth in this Item 7.01 of this Current Report
on Form 8-K is being furnished pursuant to Item 7.01 of Form 8-K and shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that
section, nor shall it be deemed incorporated by reference into any of CECs filings under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, whether made before or after the date hereof and regardless of
any general incorporation language in such filings, except to the extent expressly set forth by specific reference in such a filing. The filing of this Item 7.01 of this Current Report on Form 8-K shall not be deemed an admission as to the
materiality of any information herein that is required to be disclosed solely by reason of Regulation FD.
Item 9.01 Financial Statements and
Exhibits.
(d) Exhibits. The following exhibit is being furnished herewith:
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Exhibit No.
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Description
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99.1
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Text of press release, dated October 14, 2016.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on
its behalf by the undersigned hereunto duly authorized.
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CAESARS ENTERTAINMENT CORPORATION
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Date: October 14, 2016
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By:
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S
/ S
COTT
E. W
IEGAND
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Name:
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Scott E. Wiegand
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Title:
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Senior Vice President, Deputy General Counsel and Corporate Secretary
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EXHIBIT INDEX
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Exhibit No.
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Description
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99.1
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Text of press release, dated October 14, 2016.
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