Caesars Bondholders Rip $155M 'Backroom' Refi Deal
By Andrew Scurria ( December 4, 2014, 3:00 PM EST) -- A group of hedge funds argued Wednesday that Caesars Entertainment Corp. breached federal law and loan indentures in a $155 million "backroom" refinancing deal with a favored creditor group that allegedly ensured their debts would be wiped out in the near-certain bankruptcy of its main operating unit....
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