Paul, Weiss client Caesars Entertainment Corporation (CEC) and
its indirect subsidiary, Corner Investment Propco, LLC, entered
into a $185 million credit agreement with Credit Suisse AG, Cayman
Islands Branch, as administrative agent. The proceeds of the
credit facility will be used to finance the redevelopment of Bill's
Gamblin' Hall & Saloon, which will include a hotel, a
restaurant, a club, a new parking garage structure and various
other support facilities.