米カジノ運営会社、ヘッジファンドを訴える（CFOより）

Caesars Answers Creditor Lawsuit with Its Own

日本ではカジノ解禁の話が出ていますが、米国のあるカジノ運営会社は苦境に陥っているようです。

127億ドルもの債務を整理しようとしているカジノ運営会社 Caesars Entertainment Corp.は、ヘッジファンドなどの社債権者に対する訴訟を提起しました。彼らが債務整理を妨害しようとしたと主張しています。

As the casino giant tries to restructure $12.7 billion in debt, it levels a lawsuit at hedge funds that it claims want to force a default.

Financially beleaguered casino company Caesars Entertainment Corp. is trying to up the odds of a successful restructuring. It is suing more than 30 bondholders, including hedge funds managed by Appaloosa Management, Oaktree Capital and Elliott Management, accusing them of trying to prevent the company from restructuring $12.7 billion in debt.

これより前に、Caesarsは、社債権者の代理人から、「不正に資産を移転した」として訴訟を提起されていました。今回の訴訟は、それに対抗するもののようです。

Caesars’ lawsuit comes after Wilmington Savings Fund Society, a trustee for some of the Las Vegas-based company’s noteholders, filed suit against Caesars, charging it with “fraudulently transferring assets as part of the restructuring and wasting assets.”

This past spring, the casino operator sold a five percent stake in its operating company to unnamed investors. As a result of the deal, bondholders “no longer hold a claim to the parent company’s assets,” which greatly weakens their bargaining position, according to Bloomberg.