Wynn Macau selling $400 million more 5¼% notes due 2021 Thursday

By Paul A. Harris

Portland, Ore., March 13 - Wynn Macau Ltd. plans to price a $400 million add-on to its 5¼% senior notes due Oct. 15, 2021 (existing ratings Ba2/BB/BB) on Thursday, trailing a late-morning conference call with investors, according to market sources.

BofA Merrill Lynch, Deutsche Bank Securities Inc., J.P. Morgan Securities LLC and UBS Investment Bank are the global coordinators for the Rule 144A and Regulation S for life offering. BOCI Securities Ltd., BNP Paribas, Industrial and Commercial Bank of China Ltd. and Morgan Stanley & Co. are the joint bookrunners.

The notes become callable on Oct. 15, 2016 at 103.938.

The prospective issuer is a Macau-based gaming firm.

The original $600 million issue priced at par on Oct. 10, 2013.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.