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Wynn Resorts Announces $1 Billion Senior Notes Issuance

Wynn Resorts Announces $1 Billion Senior Notes Issuance

Globe and Mail3 hours ago
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Wynn Resorts ( (WYNN)) has shared an announcement.
On August 12, 2025, Wynn Macau, a subsidiary of Wynn Resorts, announced a purchase agreement for the issuance of $1 billion in senior notes due in 2034, with an interest rate of 6.750%. The proceeds are intended for general corporate purposes, including debt repayment. The issuance is expected to enhance the company's financial flexibility, although it carries risks such as potential change of control provisions that could require repurchase of the notes.
The most recent analyst rating on (WYNN) stock is a Hold with a $114.00 price target. To see the full list of analyst forecasts on Wynn Resorts stock, see the WYNN Stock Forecast page.
Spark's Take on WYNN Stock
According to Spark, TipRanks' AI Analyst, WYNN is a Neutral.
Wynn Resorts' strong operational recovery and strategic financial moves are offset by significant balance sheet risks and valuation concerns. The positive earnings call and corporate events provide a favorable outlook, but financial health remains a critical area for improvement.
To see Spark's full report on WYNN stock, click here.
More about Wynn Resorts
Wynn Resorts is a prominent player in the hospitality and entertainment industry, primarily focusing on luxury casino resorts. The company operates internationally, with significant market presence in Macau and the United States.
Average Trading Volume: 2,132,760
Technical Sentiment Signal: Buy
Current Market Cap: $11.7B
For detailed information about WYNN stock, go to TipRanks' Stock Analysis page.
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