MGM Resorts International, founded in 1986 and headquartered in Paradise, Nevada, is a global leader in hospitality and entertainment. The company operates numerous resort casinos, including the iconic Bellagio and MGM Grand, offering a diverse range of gaming, dining, entertainment, and nightlife experiences.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| MGM 4.63% 2026-09-01 USDMGM Resorts International | United States | 2026-09-01 | 4.625 | 4.42 |
| MGM 4.75% 2028-10-15 USDMGM Resorts International | United States | 2028-10-15 | 4.750 | 4.78 |
| MGM 5.50% 2027-04-15 USDMGM Resorts International | United States | 2027-04-15 | 5.500 | 4.64 |
| MGM 5.75% 2025-06-15 USDMGM Resorts International | United States | 2025-06-15 | 5.750 | 6.42 |
| MGM 6.13% 2029-09-15 USDMGM Resorts International | United States | 2029-09-15 | 6.125 | 5.30 |
| MGM 6.50% 2032-04-15 USDMGM Resorts International | United States | 2032-04-15 | 6.500 | 5.92 |
| MGM 6.75% 2025-05-01 USDMGM Resorts International | United States | 2025-05-01 | 6.750 | — |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
MGM Resorts has been active in the bond market since 2000, with significant issuances aimed at financing acquisitions and refinancing existing debt. Notable transactions include a $1.5 billion offering in 2020 that focused on sustainability initiatives, which garnered considerable investor interest. Currently, yields on MGM's bonds are competitive within the industry, reflecting the company's strong market position and ability to generate revenue despite economic fluctuations. The company’s bonds are often rated investment grade, enhancing their attractiveness to a broad range of retail investors.