The offering is expected to close November 18
Wynn Resorts prices common stock offering
2008-11-16
Reading time 20 seg
In connection with the offering, Wynn Resorts has granted to Deutsche Bank Securities Inc. and Banc of America Securities LLC, who are acting as joint book running managers and underwriters for the offering, an option to purchase up to an additional 1,200,000 shares of common stock solely to cover over-allotments, if any.
The offering is expected to close on November 18, 2008, subject to the satisfaction of customary closing conditions. Wynn Resorts intends to use the proceeds for general corporate purposes, including repayment of debt.
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