Wynn Macau (HKG:1128) announced plans to redeem $1 billion in previously issued debt, according to a Hong Kong bourse filing Friday.
The casino resorts operator plans to exercise its option to redeem $750 million and $250 million of 5.5% senior notes maturing in 2026 on Sept. 2.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.