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Leon Black Winning Confidence in Realogy, Harrah’s, Swaps Show

Debt investors are gaining confidence in Leon Black’s Realogy Corp. and Caesars Entertainment Corp., formerly Harrah’s, credit-default swaps show.

Contracts protecting against a default by Caesars fell 1.9 percentage points to 14.8 percent upfront, according to data provider CMA. The company is seeking to push back loan due dates, it said in a regulatory filing. Swaps on Realogy, the biggest housing broker in the U.S., fell 0.8 percentage point to