debt
confidence high
sentiment neutral
materiality 0.60
Wynn Resorts issues $800M 6.250% Senior Notes due 2033 to redeem 2025 notes
WYNN RESORTS LTD
- $800M aggregate principal of 6.250% Senior Notes due 2033 priced by indirect wholly-owned subsidiaries.
- Net proceeds to redeem all outstanding 5.500% 2025 LV Notes and pay related fees.
- Remaining proceeds for general corporate purposes, may cover part of $130M forfeiture under non-prosecution agreement.
- Offering made under Rule 144A/Reg S; notes not registered under Securities Act.