---
schema_version: "secwatch.filing_event.v1"
accession: "0001174922-23-000060"
form_type: "8-K"
ticker: "WYNN"
cik: "0001174922"
company_name: "WYNN RESORTS LTD"
filed_at: "2023-03-07T23:59:59+00:00"
generated_at: "2026-06-18T09:21:13.124833+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Wynn Macau completes $600M 4.50% convertible bond offering due 2029

## Summary
- WML issued $600M 4.50% convertible bonds due 2029; net proceeds ~$586M for general corporate purposes.
- Conversion price set at HK$10.24 per WML ordinary share; bonds convertible from April 17, 2023.
- Parent Wynn Resorts' 71.6% holder entered securities lending agreement with Goldman Sachs for up to 459.8M shares (for hedging).
- Put option on March 7, 2027; optional redemption after March 2027 if stock price ≥130% of conversion price.

## SEC filing metadata
- accession: 0001174922-23-000060
- form_type: 8-K
- ticker: WYNN
- cik: 0001174922
- company_name: WYNN RESORTS LTD
- filed_at: 2023-03-07T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1174922/000117492223000060/0001174922-23-000060-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1174922/000117492223000060/wynn-20230307.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001174922-23-000060
- JSON: https://secwatch.observer/filing/0001174922-23-000060.json
- Plain text: https://secwatch.observer/filing/0001174922-23-000060.txt

## Key facts
- Material Agreements
  WYNN RESORTS LTD entered into Trust Deed dated March 7, 2023 for US$600 million 4.50% convertible bonds due 2029 with DB Trustees (Hong Kong) Limited valued at US$600,000,000 (effective 2023-03-07).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: DB Trustees (Hong Kong) Limited
  - Value: US$600,000,000
  - Effective: 2023-03-07
  source text: On March 7, 2023, Wynn Macau, Limited (“WML”), an indirect subsidiary of Wynn Resorts, Limited (the “Registrant”) with its ordinary shares of common stock listed on The Stock Exchange of Hong Kong Limited (the “HKSE”), completed its offering (the “Offering”) of US$600 million 4.50% convertible bonds due 2029 (the “Bonds”). The Bonds are constituted by a trust deed dated March 7, 2023 (the “Trust Deed”), between WML and DB Trustees (Hong Kong) Limited, as trustee, which is filed herewith as Exhibit 4.1.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1174922/000117492223000060/0001174922-23-000060-index.htm
- Material Agreements
  WYNN RESORTS LTD entered into Agency agreement for convertible bonds due 2029 with Deutsche Bank Trust Company Americas (effective 2023-03-07).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: Deutsche Bank Trust Company Americas
  - Effective: 2023-03-07
  source text: On March 7, 2023, WML, DB Trustees (Hong Kong) Limited, as trustee, and Deutsche Bank Trust Company Americas entered into an agency agreement, appointing Deutsche Bank Trust Company Americas as the initial principal paying agent, principal conversion agent, transfer agent and registrar in relation to the Bonds, which is filed herewith as Exhibit 4.2.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1174922/000117492223000060/0001174922-23-000060-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.