Harrah's Offers $750 Million in Notes - Thursday 12th of May 2005

Harrah's Operating Company, Inc., a wholly owned subsidiary of Harrah's Entertainment, Inc. (NYSE:HET), today announced the pricing of a private placement of $750 million of 5 5/8% senior notes due 2015.

The senior notes will be guaranteed by Harrah's Entertainment, Inc. Net proceeds from the offering will be used to refinance and extend maturity of outstanding indebtedness.

The securities to be offered have not been registered under the Securities Act of 1933, as amended, or the securities laws of any other jurisdiction and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This announcement shall not constitute an offer to sell or the solicitation of an offer to buy any security.

www.casinocitytimes.com

Other news from around the same time

United's chances of supercasino remote - Thursday 12th of May 2005

THE head of casinos at Stanley Leisure yesterday dismissed the chances of Manchester United securing....


Profits dip at Hilton - Thursday 12th of May 2005

Hotels and gaming company Hilton Group (LSE: HG.L - news - msgs) said profits for the first four mon....


Time capsule of early Reno gambling memorabilia donated to museum - Thursday 12th of May 2005

A virtual time capsule of bygone northern Nevada gambling - from a 1950s-era roulette wheel to centu....


Positive Spillover From Singapore Move To Have Casino - Thursday 12th of May 2005

Johor expects to enjoy the spillover, especially in terms of a rising number of tourists, from an i....


Positive Spillover From Singapore Move To Have Casino - Thursday 12th of May 2005

Johor expects to enjoy the spillover, especially in terms of a rising number of tourists, from an i....


MOBILE CASINOS MARKET KEEPS GROWING - Thursday 12th of May 2005

The Russian largest mobile operator MTS has signed a contract with Jupiter Trade content provider t....


Harrah's Illinois Construction to Begin - Thursday 12th of May 2005

Construction is expected to begin next week on Harrah's Metropolis Casino's $62 million hotel and en....


Ohio Casino Petitioning Begins - Thursday 12th of May 2005

Cleveland Mayor Jane Campbell and fellow casino supporters kicked off a statewide scramble for signa....


Las Vegas Sands to invest $400 mln in Man Utd casino - Thursday 12th of May 2005

U.S. gaming giant Las Vegas Sands will invest about $400 million in its proposed casino project with....


A handful of poker mags come to table - Monday 23rd of January 2006

Daniel Negreanu won $4 million in poker tournaments in 2004, and Card Player magazine named him Play....