8 March 2010, 4:00 am
LAS VEGAS, NV--(Marketwire - 03/08/10) - Harrah's Entertainment, Inc. received unanimous consent from its commercial mortgage back securities (CMBS) lenders to amend the terms of approximately $5.5 billion in loans. Under the revised terms, Harrah's will have the option to extend the CMBS loan maturity date to 2015 and Harrah's will have the ability to purchase CMBS loans at a discounted rate in ...... Read More »