Eldorado Resorts Announces Proposed Offerings of ERI Senior Secured Notes, ERI Senior Notes and CRC Senior Secured Notes

RENO, Nev.--(BUSINESS WIRE)--Eldorado Resorts, Inc. (Nasdaq: ERI) (“Eldorado” or the “Company”) today announced that Colt Merger Sub, Inc. (the “Escrow Issuer”), a wholly owned subsidiary of Eldorado, intends to offer, subject to market and other conditions, $3,080.0 million aggregate principal amount of senior secured notes due 2025 (the “ERI Senior Secured Notes”), $1,875.0 million aggregate principal amount of senior notes due 2027 (the “ERI Senior Notes” and, together with the ERI Senior Secured Notes, the “ERI Notes”) and $1,050.0 million aggregate principal amount of senior secured notes due 2025 (the “CRC Senior Secured Notes” and, together with the ERI Notes, the “Notes”) in private placements to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and to persons outside the United States under Regulation S of the Securities Act.