Wynn Resorts amends credit facility: extends $1.43B of debt to 2027, cuts revolver by $100M

WYNN RESORTS LTD

Revolving commitments reduced by $100M from $850M to $750M; $681.3M extended to Sept 20, 2027.
Term loans of $749.4M extended to Sept 20, 2027; $75.6M non-extended remain at Sept 20, 2024.
Benchmark rate transitioned from LIBOR to Term SOFR with conforming changes.
Amendment effective May 17, 2023; Deutsche Bank AG NY Branch is administrative agent.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

WYNN RESORTS LTD amended Credit Agreement Amendment with Deutsche Bank AG New York Branch, as administrative agent and collateral agent, and the other lenders party thereto (effective 2023-05-17).

Action: amendment
Agreement: credit facility
Counterparty: Deutsche Bank AG New York Branch, as administrative agent and collateral agent, and the other lenders party thereto
Effective: 2023-05-17

Exact text from the filing

On May 17, 2023, Wynn Resorts, Limited (the "Company") announced that Wynn Resorts Finance, LLC (“WRF”), an indirect wholly owned subsidiary of the Company, and certain of its subsidiaries entered into an amendment (the “Credit Agreement Amendment”) to its existing credit agreement (the “Credit Agreement”) among Deutsche Bank AG New York Branch, as administrative agent and collateral agent, and the other lenders party thereto.

View on SEC.gov

Browse all material agreements →

WYNN RESORTS LTD filing history →

Source: SEC EDGAR

accession 0001174922-23-000111

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.