Wynn Resorts (WYNN) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Wynn Resorts and its subsidiaries have announced the pricing of an additional $400 million in 7.125% Senior Notes due in 2031, to be resold at slightly above their principal amount, implying an initial yield of 6.570%. This financing move, which is part of a broader strategy not registered under the Securities Act of 1933, carries forward-looking statements that entail certain risks and uncertainties, indicating that actual outcomes could vary from current expectations.
For further insights into WYNN stock, check out TipRanks’ Stock Analysis page.
For a comprehensive understanding of the announcement, you can read the full document here.
