Wynn Resorts (WYNN) has released an update.
Wynn Resorts and its subsidiaries have announced the pricing of an additional $400 million in 7.125% Senior Notes due in 2031, to be resold at slightly above their principal amount, implying an initial yield of 6.570%. This financing move, which is part of a broader strategy not registered under the Securities Act of 1933, carries forward-looking statements that entail certain risks and uncertainties, indicating that actual outcomes could vary from current expectations.
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For a comprehensive understanding of the announcement, you can read the full document here.
