Caesars Entertainment Corp. said yesterday that lenders to its bankrupt operating unit have moved to potentially terminate a pact to support the unit's $18 billion restructuring, Dow Jones Newswires reported. The lenders, owed $5.4 billion, cited the currently "unacceptable" terms of the new debt they are slated to receive under the restructuring plan as the reason for looking to consider breaking off their support for the plan, Caesars said yesterday in a filing with the Securities and Exchange Commission. If Caesars and its Caesars Entertainment Operating Co., or CEOC, unit don't address the problem by Dec. 24, then the lenders could officially terminate their support pact, the SEC filing said.
