December 18, 2017 / 9:52 PM / 6 months ago

BRIEF-Caesars Entertainment Announces Completion Of $265 Mln Add-On Term Loan Facility And Redemption Of Chester Downs Notes

Dec 18 (Reuters) - Caesars Entertainment Corp:

* CAESARS ENTERTAINMENT ANNOUNCES COMPLETION OF $265 MILLION ADD-ON TERM LOAN FACILITY AND REDEMPTION OF CHESTER DOWNS NOTES

* CAESARS ENTERTAINMENT CORP - CLOSING OF ADD-ON TERM LOAN REDUCES CO'S ANNUAL INTEREST EXPENSE BY $20 MILLION

* CAESARS ENTERTAINMENT - EXPECT SAVINGS TO REACH A TOTAL OF $290 MILLION UPON COMPLETION OF OTHER RECENTLY ANNOUNCED REFINANCING ACTIVITIES Source text for Eikon: Further company coverage:

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