UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

December 23, 2016

Date of Report (Date of Earliest Event Reported)

 

 

Caesars Entertainment Corporation

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   001-10410   62-1411755
(State of Incorporation)  

(Commission

File Number)

 

(IRS Employer

Identification Number)

One Caesars Palace Drive

Las Vegas, Nevada 89109

(Address of principal executive offices) (Zip Code)

(702) 407-6000

(Registrant’s telephone number, including area code)

N/A

(Former Name or Former Address, if Changed Since Last Report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 


Item 7.01 Regulation FD Disclosure.

As previously disclosed by Caesars Entertainment Corporation (“ CEC ”) in its Current Report on Form 8-K filed on December 19, 2016, CEC received notice (the “ Bank RSA Default Notice ”) from certain creditors (the “ Bank Creditors ”) of Caesars Entertainment Operating Company, Inc., a majority owned subsidiary of CEC (“ CEOC ”), alleging the existence of breaches of certain covenants and obligations under the Second Amended Restructuring Support and Forbearance Agreement, dated as of October 4, 2016, among CEC, CEOC, on behalf of itself and the subsidiary loan parties party thereto, and each of the holders of first lien bank claims party thereto (the “ Bank RSA ”). On December 23, 2016, CEC received a subsequent notice from the Bank Creditors stating that the Bank Creditors have withdrawn the Bank RSA Default Notice.

The information set forth in this Item 7.01 of this Current Report on Form 8-K is being furnished pursuant to Item 7.01 of Form 8-K and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any of CEC’s filings under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, whether made before or after the date hereof and regardless of any general incorporation language in such filings, except to the extent expressly set forth by specific reference in such a filing. The filing of this Item 7.01 of this Current Report on Form 8-K shall not be deemed an admission as to the materiality of any information herein that is required to be disclosed solely by reason of Regulation FD.

 

1


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 CORPORATION
Date: December 23, 2016    By:   /s/ Scott E. Wiegand                                                                 
     Name:   Scott E. Wiegand
     Title:  

Senior Vice President, Deputy General Counsel

and Corporate Secretary

Caesars Entertainment (NASDAQ:CZR)
Historical Stock Chart
From Feb 2024 to Mar 2024 Click Here for more Caesars Entertainment Charts.
Caesars Entertainment (NASDAQ:CZR)
Historical Stock Chart
From Mar 2023 to Mar 2024 Click Here for more Caesars Entertainment Charts.