May 27 (Reuters) - Harrah's Operating Company Inc and
Harrah's Escrow Company on Wednesday jointly sold $1.0 billion
in eight-year senior secured notes in the 144a private
placement market, said IFR, a Thomson Reuters service. The
debt will be assumed by Harrah's Operating Company.

The size of the deal was increased from an originally
planned $1.0 billion.

Bank of America, Citigroup, and J.P. Morgan were the joint
bookrunning managers for the sale.
BORROWER: HARRAH'S OPERATING ESCROW LLC/

HARRAH'S ESCROW CORP
AMT $1.375 BLN* COUPON 11.25 PCT MATURITY 6/1/2017
TYPE SR SEC NTS ISS PRICE 96.225 FIRST PAY 12/1/2009
MOODY'S N/A YIELD 12.00 PCT SETTLEMENT 6/10/2009
S&P N/A SPREAD 857 BPS/ PAY FREQ SEMI-ANNUAL
FITCH N/A 4.5 PCT 2017 NON-CALLABLE 4 YEARS**
*$1.323 BLN PROCEEDS, $1.375 BLN FACE
** MAKE-WHOLE CALL 50 BPS UNTIL 6/1/2013. 3-YEAR EQUITY CALL

FOR 35 PCT UNTIL 6/1/2013