Company: CZR
Filing Date: 2025-06-27
Form Type: 8-K
Source: 0001193125-25-151248
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Company: Caesars Entertainment, Inc.
Filing Date: 2025-06-27
Form: 8-K
Item: Item 8.01
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Item 8.01      Other Events.  

On June 27, 2025, Caesars Entertainment, Inc. (the “ Company”) delivered a notice of conditional full redemption (the “ Redemption”) for all of the Company’s outstanding 8.125% Senior Notes due 2027 (the “ Notes”) at a redemption price of 100.000% of the principal amount of the Notes, plus accrued and unpaid interest (if any) (the “ Redemption Amount”), to be redeemed on July 8, 2025 (or such later date as described below, “ Redemption Date”). As of June 26, 2025, there was $545,898,000 aggregate principal amount of the Notes outstanding. U. S. Bank Trust Company, National Association (as successor in interest to U. S. Bank National Association) is serving as the trustee for the Notes and as the paying agent for the Redemption.

The Redemption is conditioned upon the timely receipt by the Company or the Company’s designee of net proceeds in an amount sufficient to pay a portion of the Redemption Amount. If such net proceeds are not timely received and such condition is not satisfied (or waived by the Company in its sole discretion), the Redemption Date may be delayed or the Redemption may not occur.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.

                           CAESARS ENTERTAINMENT, INC.                               
  Date: June 27, 2025      By:                              /s/ Bret Yunker          
                           Name:                            Bret Yunker              
                           Title:                           Chief Financial Officer