Wynn Macau Closed The Release Of Additional Bonds By $ 750 Million Us Dollars

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March 4, 2022
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Wynn Macau Closes The Release of ADDITIONAL BONDS BY $ 750 Million US Dollars

In accordance with the announcement of the company dated december 16, 2020 with regard to the the issue of senior bonds in the amount of 750,000,000 us dollars with an interest rate of 5.625% and repayment in 2028, the board of directors of wynn macau announced the closure of additional bonds on december 22, 2020. Additional bonds were posted on hong kong stock exchang on december 23.

The company estimates the net revenue from the placement of additional bonds (including a premium in the amount of 3% of the pincipal amount of additional bonds after the deduction of discounts of the initial buyers and the settlement costs to be paid by the company the exception of accrued interest on august 26, 2020, but not including the release date additional bonds) will be approximately 765.9 million us dollars. The company intends to use pure revenue to facilitate the repayment of part of the amounts of credit lines wynn macau.

Source: official release wynn macau

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