On October 8, 2015, the Company announced that it filed an Amended Plan of Reorganization, a related Disclosure Statement and a motion to further extend its exclusive right to file a plan of reorganization through March 15, 2016. The filings were made with the United States Bankruptcy Court for the Northern District of Illinois.
The Company has obtained the support of holders of approximately $12 billion, or two-thirds, of its capital structure, enabling CEOC to focus on its ongoing efforts to seek consensus with its junior creditors.
CEOC’s operations have continued uninterrupted throughout the financial restructuring process. All Caesars Entertainment properties, including those owned by CEOC, continue to remain open for business and operate in the ordinary course.
All properties continue to host meetings and events and provide the facilities, amenities and experiences that guests enjoy. Guests remain CEOC’s top priority and will continue to enjoy the same rich experiences and quality service they know and expect from the Company.
A list of properties owned and/or managed by CEOC is available at the following link: http://www.ceocrestructuring.com/properties
A press release regarding CEOC’s Amended Plan, Disclosure Statement and other court documents pertaining to the Chapter 11 proceedings can be found here http://www.ceocrestructuring.com/wp-content/uploads/2015/01/CEOC-Disclosure-Statement-PR.pdf, and the court documents can be accessed directly through the Claims Agent website, http://cases.primeclerk.com/ceoc.
Additional information is available under the restructuring tabs above. If you have further questions, please contact your usual company representative or: