debt
confidence high
sentiment neutral
materiality 0.55
Wynn Resorts Finance to offer $900M senior notes due 2035 to redeem 2027 notes
WYNN RESORTS LTD
- Wynn Resorts Finance and Wynn Resorts Capital Corp. plan $900M private offering of Senior Notes due 2035.
- Proceeds, plus cash on hand, will redeem in full Wynn Las Vegas' 5.250% Senior Notes due 2027.
- Notes will be senior unsecured, guaranteed by domestic subsidiaries, ranking equal with existing 2029/2031/2033 notes.
- Offering exempt from SEC registration under Rule 144A and Regulation S; no redemption notice yet.
- Redemption of 2027 WLV Notes expected on or after closing of the offering.