Tuesday, Sept. 22, 2009 | 2 p.m.
Harrah's Entertainment Inc. today announced its subsidiary Harrah's Operating Co. plans to seek $750 million of new term loans to refinance or retire debt and to improve liquidity.
Up to $175 million of the proceeds may be used to buy back debt under four issues coming due in 2010 and 2011.
Las Vegas-based Harrah's announced cash tender offers for those debt securities today. The offers expire Oct. 21.
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