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Wynn Las Vegas buys back $87.6 million of loans at a discount
By Sara Rosenberg
New York, Nov. 9 - Wynn Las Vegas LLC bought back $87.6 million of its loans for $84.4 million during October, according to a 10-Q filed with the Securities and Exchange Commission on Monday.
As a result of this transaction, the company's revolver has been permanently reduced by $43.8 million and its term loan has been permanently reduced by $44.8 million.
Wynn is a Las Vegas-based casino company.
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