Wynn Resorts plans $900 million note offering to refinance 2027 debt
Filed with the SEC on · Summarized by InvestorsBot
Wynn Resorts Finance and Wynn Resorts Capital plan to privately offer $900 million of senior notes due 2035, with proceeds and cash on hand intended to redeem all outstanding 5.250% Wynn Las Vegas senior notes due 2027 and cover related costs. The notes are expected to be senior unsecured obligations and will be offered to qualified institutional buyers and certain non-U.S. investors; the company did not disclose pricing or an interest rate.