Company: CZR
Filing Date: 2025-02-25
Form Type: 10-K
Source: 0001590895-25-000068
Chunk: 944

Company: Caesars Entertainment, Inc.
Filing Date: 2025-02-25
Form: 10-K
Item: Item 2
Chunk 944
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 and future senior unsecured indebtedness of the Company and the subsidiary guarantors. The CEI Senior Notes due 2029 will mature on October 15, 2029, with interest payable semi-annually on April 15 and October 15 of each year. CEI Senior Notes due 2032On October 17, 2024, the Company issued $1.1 billion in aggregate principal amount of 6.00% Senior Notes due 2032 (the “CEI Senior Notes due 2032”) pursuant to an indenture dated as of October 17, 2024, by and among the Company, the subsidiary guarantors party thereto, and U.S. Bank Trust Company, National Association, as trustee. The CEI Senior Notes due 2032 rank equally with all existing and future senior unsecured indebtedness of the Company and the subsidiary guarantors. The CEI Senior Notes due 2032 will mature on October 15, 2032, with interest payable semi-annually on April 15 and October 15 of each year, commencing April 15, 2025.

Table of Contents82

CAESARS ENTERTAINMENT, INC.NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)

Summary of Debt and Revolving Credit Facility Cash Flows from Financing Activities in 2024(In millions)ProceedsRepayments (a)CEI Revolving Credit Facility$1,730 $1,730 CEI Term Loan A— 37 CVA Delayed Draw Term Loan295 — CEI Term Loan B— 425 CEI Term Loan B-12,900 22 CEI Senior Secured Notes due 20321,500 — CEI Senior Secured Notes due 2025— 3,399 CRC Senior Secured Notes— 989 CEI Senior Notes due 2027— 1,065 CEI Senior Notes due 20321,100 — Special Improvement District Bonds— 3 Total$7,525 $7,670 ____________________(a)Includes contractually scheduled repayments as well as voluntary accelerated repayments.Debt Covenant ComplianceThe CEI Revolving Credit Facility, the CEI Term Loan A, the CEI Term Loan B, the CEI Term Loan B-1 and the indentures governing the CEI Senior Secured Notes due 2030, the CEI Senior