Wynn Macau Ltd confirmed Friday that it will redeem in full senior notes due 2026 and valued at US$1 billion on 2 September 2025.
The redemption includes the company’s US$750 million 5.500% senior notes due 2026 issued in June 2020 and US$250 million 5.500% senior notes due 2026 issued in August 2020.
This follows the completion just days ago of a US$1 billion offering of 6.750% senior notes due 2034.
In a filing, Wynn said it proposes to exercise its option to redeem the 2026 Notes in whole on 2 September 2025 at a redemption price equal to 100% of the principal amount of the 2026 Notes, plus accrued and unpaid interest to but not including the redemption date.