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What components of Long-Term Debt will change between July 1, 2020 and December 31, 2022 and does that strategy make sense to you? Quenti.

What components of Long-Term Debt will change between July 1, 2020 and December 31, 2022 and does that strategy make sense to you? Quenti.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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1 of 4 56°F 575 words Table 3 New Caesars Long-Term Debt Pro Forma as of July 1, 2020 and Forecasted as of December 31, 2022 (3 in Millions) Debt Component ERI Debt ERI Notes ERI Tem Loan New ERI Secured Notes New ERI Unsecured Notes ERI Revolven/New Revolver Other ERI Total CEC Debt CEC Term Loan CEOC Term Loan CEC Notes New CEC Notes CEC Revolver Other Caesars Total New Caesars Total Pro Forma Pre-Merger at 7/1/20 FUNNUSTHAKAL KERES 31850 480 465 3 $ 2.807 4.594 1,216 1.700 978 54 $8.540 Adjustments Text Predictions: On EO AUM MUL ($1.850) (489) 3,000 1,800 (169) $2,292 S (1,216) 2,400 $1,184 $3.476 Post- Merger at 7/1/20 $ 3,000 1,800 298 $ 5.099 S 4.504 1,700 2,400 976 54 S 9724 $14.823 Forecasted Balance at 12/31/22 3,000 1,800 537 S5340 S 4.486 1,700 2,400 54 S8840 $13.980 What components of Long-Term Debt will change between July 1, 2020 and December 31, 2022 and does that strategy make sense to you? O Questions Accessibility: Good to go
Transcribed Image Text:1 of 4 56°F 575 words Table 3 New Caesars Long-Term Debt Pro Forma as of July 1, 2020 and Forecasted as of December 31, 2022 (3 in Millions) Debt Component ERI Debt ERI Notes ERI Tem Loan New ERI Secured Notes New ERI Unsecured Notes ERI Revolven/New Revolver Other ERI Total CEC Debt CEC Term Loan CEOC Term Loan CEC Notes New CEC Notes CEC Revolver Other Caesars Total New Caesars Total Pro Forma Pre-Merger at 7/1/20 FUNNUSTHAKAL KERES 31850 480 465 3 $ 2.807 4.594 1,216 1.700 978 54 $8.540 Adjustments Text Predictions: On EO AUM MUL ($1.850) (489) 3,000 1,800 (169) $2,292 S (1,216) 2,400 $1,184 $3.476 Post- Merger at 7/1/20 $ 3,000 1,800 298 $ 5.099 S 4.504 1,700 2,400 976 54 S 9724 $14.823 Forecasted Balance at 12/31/22 3,000 1,800 537 S5340 S 4.486 1,700 2,400 54 S8840 $13.980 What components of Long-Term Debt will change between July 1, 2020 and December 31, 2022 and does that strategy make sense to you? O Questions Accessibility: Good to go
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