Cahill Represents Underwriters in Primary Offering for Eldorado Resorts, Inc.
Date: 06/19/20
Cahill represented the underwriters in connection with the primary offering by Eldorado Resorts, Inc. of 18,000,000 shares of its common stock, publically priced at $39.00 per share, resulting in net proceeds of approximately $800,000,000. Eldorado Resorts, Inc. is a leading casino entertainment and hospitality company that owns and operates twenty-three properties. Proceeds from the offering will be used, together with concurrent debt offerings and credit facilities, for general corporate purposes, including the acquisition of Caesars Entertainment Inc.