CAESARS ACQUISITION COMPANY - The Options Clearing

CAESARS ACQUISITION COMPANY - The Options Clearing

#41951 DATE: OCTOBER 6, 2017 SUBJECT: CAESARS ACQUISITION COMPANY - CONTRACT ADJUSTMENT OPTION SYMBOL: 10/6/17 - CACQ remains CACQ 10/9/17 - CACQ ...

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#41951

DATE:

OCTOBER 6, 2017

SUBJECT:

CAESARS ACQUISITION COMPANY - CONTRACT ADJUSTMENT OPTION SYMBOL: 10/6/17 - CACQ remains CACQ 10/9/17 - CACQ becomes CZR1 DATE: 10/6/17

Contract Adjustment DATE:

October 6, 2017

OPTION SYMBOL:

10/6/17 - CACQ remains CACQ (with adjusted deliverable described below) 10/9/17 - CACQ becomes CZR1

STRIKE DIVISOR:

1

CONTRACTS MULTIPLIER:

1

NEW MULTIPLIER:

100 (e.g., a premium of 1.50 yields $150; a strike of 20 yields $2,000.00)

NEW DELIVERABLE PER CONTRACT:

163 Caesars Entertainment Corporation (CZR) Common Shares

CUSIP:

CZR: 127686103

PRICING The underlying price for CZR1 will be determined as follows: CZR1 = 1.63 (CZR)

BACKGROUND On July 25, 2017, Shareholders of Caesars Acquisition Company (CACQ) voted concerning the proposed merger with Caesars Entertainment Corporation (CZR). The merger was approved and subsequently consummated before the open on October 6, 2017. As a result, each existing CACQ Common Share will be converted into the right to receive 1.625 CZR Common Shares. Fractional shares greater than or equal to 0.5 will be rounded up to the nearest whole share, and fractions less than 0.5 will be rounded down to the nearest whole share. DISCLAIMER

This Information Memo provides an unofficial summary of the terms of corporate events affecting listed options or futures prepared for the convenience of market participants. OCC accepts no responsibility for the accuracy or completeness of the summary, particularly for information which may be relevant to investment decisions. Option or futures investors should independently ascertain and evaluate all information concerning this corporate event(s). The determination to adjust options and the nature of any adjustment is made by a panel of The OCC Securities Committee pursuant to OCC By-Laws, Article VI, Sections 11 and 11A. The adjustment panel is comprised of representatives from OCC and each exchange which trades the affected option. The determination to adjust futures and the nature of any adjustment is made by OCC pursuant to OCC ByLaws, Article XII, Sections 3, 4, or 4A, as applicable. For both options and futures, each adjustment decision is made on a case by case basis. Adjustment decisions are based on information available at the time and are subject to change as additional information becomes available or if there are material changes to the terms of the corporate event(s) occasioning the adjustment. ALL CLEARING MEMBERS ARE REQUESTED TO IMMEDIATELY ADVISE ALL BRANCH OFFICES AND CORRESPONDENTS ON THE ABOVE. For questions regarding this memo, call Investor Services at 1-888-678-4667 or email [email protected] Clearing Members may contact Member Services at 1-800-544-6091 or, within Canada, at 1-800-424-7320, or email [email protected]