debt
confidence high
sentiment neutral
materiality 0.55
Wynn Resorts refinances $140.5M in debt via Amendment No. 4 to credit agreement, extending maturities to 2027
WYNN RESORTS LTD
- Obtained $71.8M incremental extended term loans and $68.7M incremental extended revolving commitments, both maturing Sept 20, 2027.
- Proceeds used to refinance all outstanding Non-Extended Term A Facility Loans and replace Non-Extended Revolving Commitments.
- Deutsche Bank AG New York Branch acted as administrative agent; amendment fee of 0.25% paid to lenders.
- Amendment reaffirms existing liens, guarantees, and representations remain true.