Harrah’s Lenders Approve $5.5 Bln CMBS Maturity Extension

Lenders of Harrah’s Entertainment have agreed to extend five years to 2015 $5.5 billion of maturities.

  • 08 Mar 2010
Lenders of Harrah’s Entertainment have agreed to extend five years to 2015 $5.5 billion of maturities. Under the latest amendment to its lending agreement, Harrah’s will repurchase $124 million face value of commercial mortgage-backed securities loans for $37 million and will pay lenders an additional $48 million for ...

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