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10.02.2015 21:48:00
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Wynn Macau, Limited -- Moody's assigns Ba2 to Wynn Las Vegas' proposed $1.75 billion notes
New York, February 10, 2015 -- Moody's Investors Service assigned a Ba2 rating to Wynn Las Vegas, LLC's proposed $1.75 billion senior notes due 2025. Net proceeds from the notes will be used to refinance the company's $377 million 7 7/8% first mortgage notes due 2020 (NR) and $1.226 billion 7 ¾% first mortgage notes due 2020 (Ba2). The new notes will have similar terms to Wynn Las Vegas, LLC's existing senior unsecured notes due 2023 (NR).
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