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Caesars World wins OK for $25 million debenture sale
Caesars World Inc the parent company of Caesars Palace on the Strip won Nevada Gaming Commission approval to issue a 25 million dollar public debenture offering. Debentures mature in 20 years with underwriting by E F Hutton and sale coordinated by about 40 nationwide brokers. Proceeds expected around 23.75 million with uses including debt reduction at Desert Palace and financing a planned Atlantic City hotel casino. Governor O Callaghan named Dr Rebecca Jankovich to the State Alcohol and Drug Abuse Advisory Board replacing Marsha Claman.
MENTIONED IN THIS ARTICLE
Caesars World Inc
Caesars Palace Hotel and Casino
Nevada Gaming Commission
Commission
Nevada Gaming Control Board
Las
Desert Palace Inc
Caesars World
Caesars Palace
Atlantic City
Carson City
UPI
Mike O'Callaghan
Rebecca Jankovich
Reno
State Alcohol and Drug Abuse Advisory Board
Marsha Claman
Jankovich
Nevada