Caesars Entertainment, Inc.

Overview

Deal Type Debt Capital Markets
Size $2.5 Billion
Senior Secured Term Loan B
Client & Transactional Partners Caesars Entertainment, Inc.
Our Role Co-Manager

Summary

On February 6, 2023, KeyBanc Capital Markets (KBCM) successfully closed on the syndication of a new $2.5 billion Senior Secured First Lien Term Loan B (the TLB) for Caesars Entertainment, Inc. (CEI or the Company). Proceeds of the TLB will be used in combination with $2 billion of senior secured notes to refinance existing debt and for general corporate purposes. KBCM acted as Co-Manager on the transaction.

Caesars Entertainment, Inc. is the largest casino-entertainment company in the U.S. and one of the world’s most diversified casino-entertainment providers. Since its beginning in Reno, NV, in 1937, CEI has grown through development of new resorts, expansions and acquisitions. CEI’s resorts operate primarily under the Caesars®, Harrah’s®, Horseshoe®, and Eldorado® brand names. The Company offers diversified gaming, entertainment and hospitality amenities, one-of-a-kind destinations, and a full suite of mobile and online gaming and sports betting experiences.

Recent Deals

February 2023

talos energy inc 

$1.5 Billion

Senior Secured Credit Facility

Issuing Bank
Joint Lead Arranger
Joint Bookrunner
Co-Syndication Agent

talos-energy-inc
February 2023

talos energy

has acquired

enven energy 

$1.1 Billion

Buy-Side Advisor

talosenergy-inc
February 2023

the lumen

The Lumen

$50 Million

Refinance

the-lumen
February 2023

Nextracker 

$734 Million

Initial Public Offering

Joint Bookrunner

nextracker-inc
February 2023

sitio royalties corp 

$1.5 Billion

Senior Secured Credit Facility

Joint Lead Arranger
Joint Bookrunner

sitio-royalties-corp
February 2023

Amp

has been acquired by

Fiera Infrastructure

and

Palisade

Exclusive Sell-Side Advisor

amp-us
January 2023

a portfolio company of

Crestview 

Senior Secured Credit Facilities

Joint Lead Arranger
Joint Bookrunner

atc-drivetrain
January 2023

a portfolio company of

has been acquired by

Exclusive Sell-Side Advisor

hasa-inc
December 2022

Poseidon

$600 Million

Senior Secured Credit Facilities

Coordinating Lead Arranger
Administrative Agent

sunrun-poseidon
December 2022

a portfolio company of

has been acquired by

 

$1 Billion

Sell-Side Advisor

scout-clean-energy
December 2022

amplify energy 

$1 Billion

Senior Secured Credit Facility

Administrative Agent

amplify-energy-corp

Connect With Us

Find an Expert