Tag Archives: bankruptcy

Caesars Entertainment defaults on $225 million bond interest payments.

SBC News Caesars Entertainment defaults on $225 million bond interest payments.

Embattled casino and leisure operator Caesars Entertainment has failed to pay its $225 million bond interest, which was due on 15 December. Caesars Entertainment had confirmed that the operator would not pay the interest, thus triggering a default on its + $18 billion debt. The operator elected not to pay, due to ongoing discussions with first line bondholders and creditors. …

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