Barbara Cappaert

Caesars Rises on Plan to Sell Stake in Online, New Casinos

Caesars Entertainment Corp., the largest owner of U.S. casinos, rose the most in almost two months after saying it may raise money by selling a stake in its online operation and two other properties.

Cedar Fair Seeks Price Cut on $1.175 Billion Term Loan

Cedar Fair LP , the amusement-park operator, is meeting with lenders on Feb. 11 to refinance its $1.175 billion loan to reduce borrowing costs, according to a person with knowledge of the transaction.

Adelson Wins Favored Terms for Casino Loans: Corporate Finance

Junk-rated Las Vegas Sands Corp., the casino operator controlled by billionaire Sheldon Adelson, is getting investment-grade treatment from banks as cash flow from its properties in Asia outpaces those in the U.S.

MGM Resorts Plans $500 Million Sale of Six-Year Notes

MGM Resorts International , the biggest casino operator on the Las Vegas Strip, plans to sell $500 million of six-year notes as soon as today as bondholder interest in gambling company debt revives.

Blackstone Offers Highest 2011 Rates on Travelport Swap: Corporate Finance

Blackstone Group LP is offering the highest interest seen on a loan this year if lenders agree to swap debt in Travelport Ltd. for longer-dated obligations, or else it may put the parent of the second-largest travel- reservation system provider into bankruptcy.

NPC International Sets Rate on $375 Million Refinancing Loan

NPC International Inc., a Pizza Hut franchisee, set the interest rate it will pay on a $375 million term loan the company is seeking to refinance debt, according to a person with knowledge of the transaction.

Mohegan Seeks Refinancing With $1.1 Billion Exchange Offer

Mohegan Tribal Gaming Authority, the operator of Mohegan Sun casinos in Connecticut and Pennsylvania, is asking bondholders to refinance as much as $1.1 billion of bonds in an exchange offer as part of a deal to restructure a bank credit line maturing in March.

Icahn Plans $500 Million Sale of Debt in Reopening

Icahn Enterprises LP , the holding company for financier Carl Icahn , plans to sell $500 million of bonds due in 2016 and 2018 in a reopening, as the company takes advantage of record-low borrowing costs.

Peltz's Trian Approached on Wendy's/Arby's Takeover

Nelson Peltz ’s Trian Fund Management LP, the biggest shareholder in Wendy’s/Arby’s Group Inc., said it was approached by a third party about the possibility of participating in a takeover of the fast-food chain.

Dunkin’ Proposes Pricing on $1.25 Billion Term Loan

Dunkin’ Brands Inc. set initial price talk on a $1.25 billion term loan due in November 2017 it’s seeking to refinance debt, according to a person familiar with the transaction.

"This is somewhat wider than we expected in light of some of the fairly tight price talk we have been seeing of late on loan deals."

- Barbara Cappaert on Mar 14, 2012

Las Vegas

Cash Outflows Turn World’s Best Stocks to Worst: Southeast Asia

Asian Stocks Fall, Led by Banks, on U.S. Stimulus Concern

Apple Import Ban on Old IPhones Stokes Samsung Patent War

HTC Operations Chief Steps Down Amid Phone Delays

IRS Paid Speaker $17,000 to Paint Michael Jordan at Event