Caesars Entertainment (CZR), CEOC Extend Deadline to Reach Agreement on Documentation with First-Lien Noteholders

October 20, 2016 1:30 PM EDT

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Caesars Entertainment Corporation (NASDAQ: CZR) ("Caesars Entertainment") and Caesars Entertainment Operating Company, Inc. ("CEOC") and its Chapter 11 debtor subsidiaries (collectively, the "Debtors") today announced that the applicable parties have further extended the deadline to finalize certain additional documentation in connection with the Debtors' Third Amended Joint Plan Reorganization. The extension will allow the participants additional time to resolve the remaining open items in pursuit of an agreement. Caesars Entertainment and the Debtors will provide additional disclosures when an agreement is reached or discussions are terminated.



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