Is an LBO deal for a highly levered diversified gaming company worth the risk?
The case puts the student in the shoes of a newly minted MBA who is employed as a credit analyst at a hedge fund. She is asked by her Portfolio Manager to consider an investment in the bank debt or bonds of Caesar's Entertainment Corporation. Because the analysis is complex, the case includes a series of supplementary exercises designed to help students with a step-by-step analysis to the investment considerations the credit analyst needs to include in her recommendation. In addition, there are extensive teaching notes for both the supplementary exercises and for the case answers themselves as well as a detailed glossary of terms.
Case ID: 120305
Supplemental Materials: Teaching Note, Excel Spreadsheets
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