Company: CZR
Filing Date: 2025-07-29
Form Type: 10-Q
Source: 0001590895-25-000126
Chunk: 27

Company: Caesars Entertainment, Inc.
Filing Date: 2025-07-29
Form: 10-Q
Item: Part I, Item 1
Chunk 27
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 and additional liabilities may be recorded in the future.

Note 6. Long-Term Debt

June 30, 2025December 31, 2024(Dollars in millions)Final MaturityRatesFace ValueBook ValueBook ValueSecured DebtCEI Revolving Credit Facility2028variable$— $— $— CEI Term Loan A2028variable656 655 673 CVA Revolving Credit Facility2029variable— — — CVA Delayed Draw Term Loan2029variable321 315 288 CEI Term Loan B2030variable2,043 2,011 2,021 CEI Term Loan B-12031variable2,864 2,832 2,844 CEI Senior Secured Notes due 203020307.00%2,000 1,984 1,982 CEI Senior Secured Notes due 203220326.50%1,500 1,485 1,484 Unsecured DebtCEI Senior Notes due 202720278.125%546 542 542 CEI Senior Notes due 202920294.625%1,200 1,191 1,190 CEI Senior Notes due 203220326.00%1,100 1,086 1,086 Special Improvement District Bonds20374.30%40 40 42 Long-term notes and other payables2 2 2 Total debt12,272 12,143 12,154 Current portion of long-term debt(110)(110)(109)Deferred finance charges associated with the CEI Revolving Credit Facility— (10)(12)Long-term debt$12,162 $12,023 $12,033 Unamortized discounts and deferred finance charges$139 $152 Fair value$12,310 Annual Estimated Debt Service Requirements as of June 30, 2025RemainingYears Ended December 31,(In millions)202520262027 (a)20282029ThereafterTotalAnnual maturities of long-term debt$54 $110 $656 $639 $1,515 $9,298 $12,272 Estimated interest payments400 740 720 650 640 710 3,860 Total debt service obligation (b)$454 $850 $1,376 $1,289 $2,155 $10,