Company: CZR
Filing Date: 2025-02-25
Form Type: 10-K
Source: 0001590895-25-000068
Chunk: 23

Company: Caesars Entertainment, Inc.
Filing Date: 2025-02-25
Form: 10-K
Item: Item 8
Chunk 23
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,374 CRC Senior Secured NotesN/AN/A— — 983 Unsecured DebtCEI Senior Notes due 202720278.125%546 542 1,593 CEI Senior Notes due 202920294.625%1,200 1,190 1,188 CEI Senior Notes due 203220326.00%1,100 1,086 — Special Improvement District Bonds20374.30%42 42 45 Long-term notes and other payables2 2 2 Total debt12,294 12,154 12,305 Current portion of long-term debt(109)(109)(65)Deferred finance charges associated with the CEI Revolving Credit Facility— (12)(16)Long-term debt$12,185 $12,033 $12,224 Unamortized discounts and deferred finance charges$152 $150 Fair value$12,267 Annual Estimated Debt Service RequirementsYears Ended December 31,(In millions)20252026202720282029ThereafterTotalAnnual maturities of long-term debt$109 $109 $655 $639 $1,484 $9,298 $12,294 Estimated interest payments790 780 780 690 670 730 4,440 Total debt service obligation (a)$899 $889 $1,435 $1,329 $2,154 $10,028 $16,734 ____________________(a)Debt principal payments are estimated amounts based on contractual maturity and scheduled repayment dates. Interest payments are estimated based on the forward-looking SOFR curve, where applicable. Actual payments may differ from these estimates.Current Portion of Long-Term DebtThe current portion of long-term debt as of December 31, 2024 includes the principal payments on the term loans, special improvement district bonds, and other unsecured borrowings that are contractually due within 12 months. The Company may, from time to time, seek to repurchase or prepay its outstanding indebtedness. Any such purchases or repayments may be funded by existing cash balances or the incurrence of debt. The amount and timing of any repurchase will be based on business and market conditions, capital availability, compliance with debt covenants and other considerations.

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CAESARS ENTERTAINMENT, INC.NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (