Looks like it never had tassels. Condition looks great... and the bend is not a big deal, but it can easily be ironed out if it bothers you.
Very easy process... just iron with some mild steam from the reverse side. DO NOT iron the front side. Use a medium heat setting and keep the iron moving. Do not leave the iron in one spot for more than a couple of seconds.
This crease should come out with very little effort. Again...
Do NOT iron the front side
Do NOT use high heat
DO keep the iron moving
Best of luck.... this one is easy in the scheme of things