Wynn Resorts Finance LLC, founded in 2002 and headquartered in Las Vegas, Nevada, serves as the financial arm of Wynn Resorts, aimed at supporting the company's strategic initiatives and operations. The firm primarily specializes in providing financing solutions including but not limited to senior secured notes and other debt instruments to fund capital projects and corporate expansions.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| WYNFIN 6.25% 2033-03-15 USDWynn Resorts Finance LLC | United States | 2033-03-15 | 6.250 | 6.09 |
| WYNFIN 6.25% 2033-03-15 USDWynn Resorts Finance LLC | United States | 2033-03-15 | 6.250 | 6.12 |
| WYNFIN 7.13% 2031-02-15 USDWynn Resorts Finance LLC | United States | 2031-02-15 | 7.125 | 5.73 |
| WYNFIN 7.13% 2031-02-15 USDWynn Resorts Finance LLC | United States | 2031-02-15 | 7.125 | 3.84 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Wynn Resorts Finance LLC made its initial bond issuance in 2014, raising $1.5 billion to refinance existing debts and support operational growth. Significant offerings include the $500 million senior secured notes due in 2027, which have garnered attention for their relatively favorable yields in comparison to other entities in the gaming and hospitality sector. Notable recent news includes the upgrade of its bond ratings by leading credit agencies, reflecting improved financial stability and future growth potential amidst a recovering market.