Wynn Resorts Announces Pricing of Private Offering of $600.0 Million Aggregate Principal Amount of Wynn Macau, Limited
5.25% Senior Notes Due 2021
October 14, 2013 - Wynn Resorts, Limited (NASDAQ: WYNN) announced Friday the pricing by Wynn Macau, Limited (the "Issuer"), a majority-owned subsidiary of Wynn Resorts, Limited, of $600.0 million aggregate principal amount of 5.25% Senior Notes due 2021 (the "Notes"). The Notes will be issued at par. Wynn Macau, Limited plans to use the net proceeds from the offering for working capital requirements and general corporate purposes.
The Issuer will make the offering pursuant to an exemption under the Securities Act of 1933, as amended (the "Securities Act"). The initial purchasers of the Notes will offer the Notes only to qualified institutional buyers in reliance on Rule 144A under the Securities Act or outside the United States to certain persons in reliance on Regulation S under the Securities Act. The Notes have not been and will not be registered under the Securities Act or under any state securities laws. Therefore, the Issuer may not offer or sell the Notes within the United States to, or for the account or benefit of, any United States person unless the offer or sale would qualify for a registration exemption from the Securities Act and applicable state securities laws.
This press release does not constitute an offer to sell or a solicitation of an offer to buy the Notes described in this press release, nor shall there be any sale of the Notes in any state or jurisdiction in which such an offer, sale or solicitation would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.
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