Wynn gets OK from bank lenders to extend deadline for approval of Encore project

By Sara Rosenberg

New York, June 21 - Wynn Las Vegas LLC has received lender approval to amend its credit facility to extend the deadline for approval of the Encore at Wynn Las Vegas project to Dec. 31 from June 30, according to a company news release.

The amendment is conditioned on the approval of similar amendments to the indenture relating to the 6 5/8% first mortgage notes due 2014 issued by Wynn Las Vegas and Wynn Las Vegas Capital Corp.

Wynn Las Vegas, a wholly owned subsidiary of Wynn Resorts Ltd., is a Las Vegas-based hotel and destination casino resort.

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