Wynn Resorts to call 6% convertibles as part of repurchase program

By Susanna Moon

Chicago, June 7- Wynn Resorts Ltd. plans to redeem its 6% convertible debentures due 2015, according to a press release.

The redemption date for the debentures is July 20.

The company has approved an equity repurchase program of up to $1.2 billion of stock and 6% convertible debentures due 2015.

The repurchase program could include repurchases through the open market or negotiated transactions depending on market conditions.

The Las Vegas-based company owns and operates luxury hotel and casino resorts.

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