Cahill Represents Underwriters in Primary Offering for Eldorado Resorts, Inc.
June 19, 2020
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.