Wynn Macau says its lenders have agreed to a $1.5 billion revolving credit facility, which will be used to refinance existing debt and for general corporate purposes.
The credit line will include two tranches of HK$312.5 million and $9.26 billion. The funds will be made available to Wynn’s WM Cayman II unit, which also has the ability to upsize the loan by a further $1 billion, according to Asia Gaming Brief.
All outstanding loans under the facility will reach maturity in September 2025. Lending banks included Bank of China, Macau.
