An update from Wynn Resorts (WYNN) is now available.
Wynn Macau, Limited, a subsidiary of Wynn Resorts, announced an adjustment to the conversion price of its 4.50% convertible bonds due 2029 following dividend distributions to shareholders. The new conversion price is set at HK$10.01212, down from HK$10.24375, after paying dividends for the year-end 2023 and the first half of 2024. This change will take effect on September 4, 2024, while all other bond terms remain the same.
For detailed information about WYNN stock, go to TipRanks’ Stock Analysis page.
