CHICAGO (Reuters) - Creditors of Caesars Entertainment Corp's (O:CZR) bankrupt operating unit have reached an agreement to revise the terms of their recoveries, according to a filing with the U.S. Bankruptcy Court in Chicago on Friday.
A dispute between creditors holding secured debt in Caesars Entertainment Operating Co, which filed for bankruptcy in January 2015 with $18 billion of debt, had threatened to derail the casino group's restructuring.