International edition
September 16, 2021

It will use proceeds to finance its new project in Cotai

Wynn Macau looks to raise casino loan

(Macau).- Wynn Macau is said to be considering raising its Wynn Cotai loan to us$ 2.5 billion. The company is looking at increasing the loan after drawing around us$ 2.7 billion in commitments in the first stage of syndication, people familiar with the matter have told Bloomberg.

T

he initial goal was to raise us$ 1.5 billion. The first stage of syndication attracted about 15 banks.

Wynn Macau will use proceeds from the loan to finance its new project in Cotai, estimated to cost around us$ 4 billion.

 

What is your opinion about this article?
  • I like it
    %
    0 votos
  • I don't like it
    %
    0 votos
  • I have not thought about it
    %
    0 votos
Leave your comment
Newsletter Subscription
Subscribe to receive the latest news and updates
Enter a valid email
Complete the captcha
Thank you for registering to our newsletter.
Follow us on Facebook