Wynn Resorts units amend $615 million term loan for SOFR benchmark

By Wendy Van Sickle

Columbus, Ohio, June 5 – Wynn Resorts, Ltd. subsidiaries Wynn/CA Plaza Property Owner, LLC and Wynn/CA Property Owner, LLC entered into a second amendment to their existing $615 million term loan agreement with United Overseas Bank Ltd., New York agency, as administrative agent on June 2 to transition the benchmark interest rate to SOFR from Libor, according to an 8-K filing with the Securities and Exchange Commission.

The hotel and casino company is based in Las Vegas.

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