WYNN · 8-K · 20260910PR000062

Senior Notes Refinancing

WYNN RESORTS LTD · 2026-09-10 · Importance 44 · Surprise 24 · Contradicted

Wynn Resorts Finance and Wynn Resorts Capital are offering $900 million aggregate principal amount of senior notes due 2035 in a private offering. Wynn Resorts Finance plans to contribute or lend the net proceeds, together with cash on hand, to Wynn Las Vegas to redeem in full its 5.250% Senior Notes due 2027 and pay issuance and redemption fees and expenses. The new notes will be senior unsecured obligations and will be effectively subordinated to secured debt to the extent of the value of the collateral securing that debt. Wynn Las Vegas intends to redeem all outstanding 2027 WLV Notes on or after the offering closes.

Key facts

• Wynn Resorts Finance, LLC and its subsidiary Wynn Resorts Capital Corp. are offering $900 million aggregate principal amount of Senior Notes due 2035 in a private offering. source
• Wynn Resorts Finance plans to contribute and/or lend the net offering proceeds, together with cash on hand, to Wynn Las Vegas to redeem in full the 2027 WLV Notes and pay fees and expenses related to the Notes issuance and redemption. source
• Wynn Las Vegas intends to redeem all outstanding 2027 WLV Notes on or after the closing of the offering. source
• The Notes will initially be jointly and severally guaranteed by all of Wynn Resorts Finance’s domestic subsidiaries that guarantee the Issuers’ existing senior secured credit facilities, subject to the stated exceptions. source
• The Notes and guarantees will be senior unsecured obligations and rank equally in right of payment with the Issuers’ and Guarantors’ existing and future liabilities that are not subordinated. source
• The Notes and guarantees will be effectively subordinated to the Issuers’ and Guarantors’ existing and future secured debt to the extent of the value of the collateral securing that debt. source

Impact estimates