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Clients rely on our Finance Group to help them navigate the business and legal complexities of novel and multi-dimensional debt financing transactions. Our versatile finance practitioners work closely with our mergers and acquisitions, securities, tax, real estate and bankruptcy lawyers to provide seamless advice and innovative solutions that address our clients' debt financing needs related to all types of transactions and capital structures.

Caesars Enters Into Credit Facility to Redevelop Las Vegas Property

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. 

The Paul, Weiss team included corporate partners Gregory Ezring and Mark Wlazlo and corporate counsel Brian Finnegan; and real estate partner Peter Fisch.

November 2, 2012

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