HongKong-listed casino operator Wynn Macau Ltd. is raising $1.35 billion through the issuance of twin senior notes to professional investors.
In a regulatory filing, Wynn Macau announced that it agreed to issue US$600 million 4.875 percent senior notes due 2024 and US$750 million 5.500 percent senior notes due 2027.
Proceeds from the two notes will be used together with other sources of funds available to repurchase its 2021 notes in full, according to the company.
Deutsche Bank AG, Singapore Branch, was mandated as the sole global coordinator and left lead bookrunner.