TITLE

Harrah's Inks Exchange Deal with PE Sponsors

AUTHOR(S)
Sheahan, Matthew
PUB. DATE
June 2010
SOURCE
High Yield Report;6/7/2010, Vol. 21 Issue 23, p15
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the agreement entered between Harrah's Entertainment, Apollo Management, TPG and Paulson & Co. to exchange 1.12 billion U.S. dollars of debt for up to 15.6% of common equity and raise 557 million dollars in cash for its balance sheet.
ACCESSION #
51303621

 

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