Though it had wiped out billions of dollars of debt "Houdini-style" in days gone by, in 2008 the future of Caesars Entertainment Corporation was doubtful. This case presents a synopsis of the business in which it competes and pupils with the complicated financial circumstances of the business, as seen via the lens of an associate at a credit hedge fund. Evaluating an investment in the debt securities of Caesars Entertainment Corporation billed by the senior portfolio manager of the firm, the associate is demanded to assess the terms of a proposed leveraged buy-out.
PUBLICATION DATE: June 03, 2013 PRODUCT #: CU64-PDF-ENG
This is just an excerpt. This case is about FINANCE & ACCOUNTING