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The Caesar’s Palace Coup - A Discussion with the Authors Event Logo

The Caesar's Palace Coup - A Discussion with the Authors

by Private Equity (FT)

Educational Credit Private Equity Real Estate

Fri, Apr 9, 2021

12 PM – 1 PM CDT (GMT-5)

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Please join us to hear from authors Max Frumes and Sujeet Indap about their book, “The Caesar’s Palace Coup,” which details the legendary bankruptcy fight over Caesar's Palace.

Here is a description of the book from the authors: “The Caesars bankruptcy put a twist on the old-fashioned casino heist. Through a $27 billion leveraged buyout and a dizzying string of financial engineering transactions, Apollo and TPG—in the midst of the post-Great Recession slump—had seemingly snatched every prime asset of the company from creditors, with the notable exception of Caesars Palace. But Caesars’ hedge fund lenders and bondholders had scooped up the company’s paper for nickels and dimes. And with their own armies of lawyers and bankers, they were ready to do everything necessary to take back what they believed was theirs—if they could just stop their own infighting.”
Dress Casual (jeans ok)

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