Las Vegas – September 16, 2026 -- Wynn Resorts Finance, LLC and its subsidiary Wynn Resorts Capital Corp. priced $900 million in aggregate principal amount of 6.875% Senior Notes due 2035 in a private offering, Wynn Resorts, Limited (NASDAQ: WYNN) announced. Both issuers are indirect wholly-owned subsidiaries of Wynn Resorts. The offering is expected to close on or about September 22, 2026, subject to customary conditions.
Proceeds target redemption of 5.250% notes maturing 2027
Wynn Resorts Finance plans to contribute or lend the net proceeds, combined with cash on hand, to subsidiary Wynn Las Vegas, LLC. Wynn Las Vegas will use the funds to redeem in full its outstanding 5.250% Senior Notes due 2027, issued jointly with Wynn Las Vegas Capital Corp., and to cover fees and expenses tied to both the new issuance and the redemption.
Notes sold under Rule 144A and Regulation S exemptions
The Issuers structured the sale under an exemption from registration under the Securities Act of 1933. Initial purchasers offered the Notes only to qualified institutional buyers under Rule 144A, or to non-U.S. persons under Regulation S. The Notes have not been registered under the Securities Act or any state securities laws, restricting resale within the United States absent an applicable exemption.
Redemption of 2027 notes to follow closing of new offering
Wynn Las Vegas intends to redeem all outstanding 2027 notes on or after the closing of the new offering. The company stated the announcement does not constitute a notice of redemption or a solicitation to purchase the existing notes.