secwatch.observer — SEC 8-K summary
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Issuer:     WYNN RESORTS LTD (WYNN)
CIK:        0001174922
Form:       8-K
Filed at:   2023-06-30T23:59:59+00:00
Accession:  0001174922-23-000124
Event type: debt
Sentiment:  neutral
Materiality: 0.20
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Wynn Resorts' Macau unit amends $312.5M credit facility to replace LIBOR with Term SOFR
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- USD tranche Facility A ($312.5M) now bears interest at Term SOFR + 0.10% (min 0%) plus margin of 1.875% to 2.875%.
- HKD tranche Facility B (HK$9.26B) continues to use HIBOR plus the same margin range.
- Maturity unchanged at September 16, 2025; all existing guarantees, covenants, and mandatory prepayment provisions remain in place.
- No new borrowings were made; the amendment is purely a benchmark transition and credit adjustment spread adoption.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1174922/000117492223000124/0001174922-23-000124-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1174922/000117492223000124/wynn-20230627.htm
  HTML page:      https://secwatch.observer/filing/0001174922-23-000124

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