Wynn Macau, Limited announced the early redemption of US$1 billion 5.500% senior notes due 2026.
The company plans to exercise its option to redeem the notes in whole on 2 September 2025.
Upon redemption, all redeemed notes will be cancelled, and the company will apply for delisting from the Stock Exchange.
Redemption Date
2 September 2025 is set as the redemption date for the 2026 Notes.
Redemption Price
The notes will be redeemed at 100% of the principal amount plus accrued and unpaid interest.
Outstanding Amount
As of 20 August 2025, the aggregate outstanding principal amount of the 2026 Notes was US$1 billion.
- The redemption will allow Wynn Macau, Limited to clear a significant debt obligation.
- The internal resources of the company will be used to pay the outstanding amount of the notes.
The early redemption of the senior notes marks a strategic move by Wynn Macau, Limited to manage its debt efficiently and streamline its financial commitments.