Caesars Palace places bet in hot CMBS market

David Bell

November 08, 2017 08:30 PM

caesars_palace_PAimages_230x150 — Caesar Palace is a hotel in Las Vegas. It was built in the style of an antique Roman palace. The luxurious hotel at the Las Vegas boulevard has 3.348 guest rooms and suites. Photo: Klaus Nowottnick Date: July 26; 2011 | Klaus Nowottnick/DPA/PA Images

Creditors of Caesars Palace in Las Vegas have turned to the CMBS market to raise debt against the casino to help finance the Chapter 11 restructuring of the business.

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Topics

JP Morgan Morgan Stanley Securitization United States Americas CMBS Barclays North America Goldman Sachs

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David Bell