Company: CZR
Filing Date: 2025-04-29
Form Type: 10-Q
Source: 0001590895-25-000110
Chunk: 80

Company: Caesars Entertainment, Inc.
Filing Date: 2025-04-29
Form: 10-Q
Item: Part I, Item 8
Chunk 80
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 could experience a material adverse effect and additional liabilities may be recorded in the future.

Note 6. Long-Term Debt

March 31, 2025December 31, 2024(Dollars in millions)Final MaturityRatesFace ValueBook ValueBook ValueSecured DebtCEI Revolving Credit Facility2028variable$— $— $— CEI Term Loan A2028variable666 664 673 CVA Revolving Credit Facility2029variable— — — CVA Delayed Draw Term Loan2029variable325 319 288 CEI Term Loan B2030variable2,050 2,016 2,021 CEI Term Loan B-12031variable2,871 2,838 2,844 CEI Senior Secured Notes due 203020307.00%2,000 1,983 1,982 CEI Senior Secured Notes due 203220326.50%1,500 1,484 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%42 42 42 Long-term notes and other payables2 2 2 Total debt12,302 12,167 12,154 Current portion of long-term debt(110)(110)(109)Deferred finance charges associated with the CEI Revolving Credit Facility— (11)(12)Long-term debt$12,192 $12,046 $12,033 Unamortized discounts and deferred finance charges$146 $152 Fair value$12,147 

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

Annual Estimated Debt Service Requirements as of March 31, 2025RemainingYears Ended December 31,(In millions)20252026202720282029ThereafterTotalAnnual maturities of long-term debt$84 $110 $656 $639 $1,515 $9,298 $12,302 Estimated interest payments580 750