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Firm News

Julie Cohen
Director of Marketing and Communications

Caesars Completes $1.25 Billion Notes Offering and Amended Credit Facility

Date: 03/01/12

Cahill represented J.P. Morgan Securities and the other initial purchasers in connection with the Rule 144A/Reg S offering of $1,250,000,000 8.5% Senior Notes due 2020 by Caesars Entertainment Operating Company, Inc. The proceeds of the offering were used to refinance existing indebtedness and for general corporate purposes.

Cahill also represented Bank of America as administrative agent and the other lead arrangers in connection with the amendment and restatement of Caesars’ credit facility and the amendment and extension of approximately $2.7 billion of term loans and $25 million of revolving commitments.