In re Caesars Entertainment Operating Company, Inc., et al. (Chapter 11 Case No )

Transcription

1 In re Caesars Entertainment Operating Company, Inc., et al. (Chapter 11 Case No ) NOTICE OF DISTRIBUTION TO HOLDERS OF THE FOLLOWING: 11.25% due 2017 (Cusips BL3, AA9) 11.25% due 2017 that made the Equity Put Election Only (Cusip 12768R AL1) 8.5% due (Cusips 12768RAD9, AA7, U1229TAA4) 8.5% due that made the Equity Put Election Only (Cusip 12768R AN7) (Cusips AE9, AH2, AC3, AF6, AG4, U1229TAB2, U1229TAC0, U1229TAD8) that made the Equity Put Election Only (Cusips 12768R AS6, 12768R AQ0) 2015 (Cusips BB5, BA7) (Cusips BD1, BM1, BC3, BG4, U24658AN3) 12.75% due (Cusips 12768RAA5, AC5, U2466WAB5) 10.75% Senior Unsecured (Subsidiary- Guaranteed ) (Cusips BE9, AY6) due 2017 (Cusips BQ2, AW0, AV2, 12768RAH0, U24658AG8) 6.5% Senior Unsecured (Cusip AX8, BP4, 12768RAJ6) The Debtors Third Amended Joint Plan of Reorganization Pursuant to Chapter 11 of the Bankruptcy Code (the Plan ) was confirmed by the United States Bankruptcy Court for the Northern District of Illinois, Eastern Division on January 17, As part of the mandatory exchange of the above referenced securities, holders will receive new securities in accordance with the chart set forth below. The numbers for the new

2 securities are as follows: (i) CEC, (ii) CEC, (iii), (iv), (v) VICI, and (vi) VICI is. This will be the first and final distribution. In addition, the Plan provides that no fractional notes or shares will be distributed, with fractions rounded up or down to the nearest whole dollar and share (with half dollars and half shares rounding up). The minimum denominations for the new CEC AA1), and is $100, with $1.00 increments thereafter. Cash will be rounded up or down to the nearest cent (with half-cents rounded down). is considered a single holder for rounding and distribution purposes and no additional securities or cash will be distributed to on account of rounding at the participant or beneficial holder level. Security Description 11.25% due % due % due 8.5% due 8.5% due Cash of of VICI VICI BL3 $ AA9 at at at 12768RAD9 $ AA7 at at at at U1229TAA4 $ AE9 $ AH2 $ AC AF6 at at at at

3 Security Description 11.25% due 2017 (PUT ONLY ELECTION) 8.5% due (PUT ONLY ELECTION) (PUT ONLY ELECTION) (PUT ONLY ELECTION) AG4 U1229TAB2 U1229TAC0 U1229TAD8 Cash of at at at at of VICI 12768RAL1 $ RAN7 $ RAS6 $ RAQ0 $ VICI at at at at BB5 $ BA7 $ BD1 $ BM1 $ BC3 $ BG4 $ U24658AN3

4 Security Description 12.75% due 12.75% due 12.75% due 10.75% Senior Unsecured (Subsidiary- Guaranteed ) 10.75% Senior Unsecured (Subsidiary- Guaranteed ) due 2017 due 2017 due 2017 due 2017 due % Senior Unsecured 6.5% Senior Unsecured 6.5% Senior Unsecured Cash of of VICI VICI 12768RAA5 $ AC5 U2466WAB BE AY BQ AW0 $ AV RAH0 $ U24658AG AX8 $ BP RAJ6 $

5 In addition to the mandatory exchanges referenced above, certain holders of the above s electronically delivered their positions via the Automated Tender Offer Program at and made certain holder specific distribution elections by submitting paperwork to Prime Clerk. In connection therewith, is manually processing such voluntary distributions to each tendered position based on each holder s unique distribution elections. Such tendered positions will be cancelled as of the Effective Date. If you have any questions, please contact Prime Clerk by ing ceocballots@primeclerk.com.