Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
WYNN RESORTS LTD amended revolving credit with Bank of China Limited, Macau Branch at Term SOFR, plus 0.10% (which sum is subject to a minimum floor of 0.00%), plus ( maturing September 16, 2025.
- Instrument
- revolving credit
- Counterparty
- Bank of China Limited, Macau Branch
- Rate
- Term SOFR, plus 0.10% (which sum is subject to a minimum floor of 0.00%), plus (
- Maturity
- September 16, 2025
- Event
- amendment
Exact text from the filing
On June 27, 2023, WM Cayman Holdings Limited II, as borrower (“WM Cayman II”), and Wynn Macau, Limited, as guarantor (“WML”), each an indirect subsidiary of Wynn Resorts, Limited (the “Registrant”), entered into an Amended and Restated Facility Agreement with Bank of China Limited, Macau Branch, as agent for the syndicate of lenders (as amended and restated, the “Facility Agreement”), to, among other things, transition the base rate applicable to loans denominated in U.S. dollars made pursuant to the revolving credit facility provided thereunder (the “Revolving Facility”) from the London Interbank Offered Rate to the term secured overnight financing rate (“Term SOFR”).
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
WYNN RESORTS LTD amended Amended and Restated Facility Agreement with Bank of China Limited, Macau Branch (effective 2023-06-27).
- Action
- amendment
- Agreement
- credit facility
- Counterparty
- Bank of China Limited, Macau Branch
- Effective
- 2023-06-27
Exact text from the filing
On June 27, 2023, WM Cayman Holdings Limited II, as borrower ("WM Cayman II"), and Wynn Macau, Limited, as guarantor ("WML"), each an indirect subsidiary of Wynn Resorts, Limited (the "Registrant"), entered into an Amended and Restated Facility Agreement with Bank of China Limited, Macau Branch, as agent for the syndicate of lenders (as amended and restated, the "Facility Agreement"), to, among other things, transition the base rate applicable to loans denominated in U.S. dollars made pursuant to the revolving credit facility provided thereunder (the "Revolving Facility") from the London Interbank Offered Rate to the term secured overnight financing rate ("Term SOFR").
View on SEC.gov