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HomeNewsMacauWynn Resorts inks $1.5 bln Bank of China Macau loan

Wynn Resorts inks $1.5 bln Bank of China Macau loan

Gaming group Wynn Resorts has entered into an agreement with Bank of China Macau involving a loan of some $1.5 billion.

According to a company dispatch, two Wynn indirect subsidiaries – WM Cayman Holdings Limited II and Wynn Macau, Limited, entered into an agreement with Bank of China Limited, Macau Branch for a revolving credit facility.

The loan is divided into a US$312.5 million US dollar tranche and a Hong Kong dollar tranche of HK$9.26 billion.

The credit line was initially agreed upon in September, 2021, with the maturity date of all outstanding loans to be valid until September 16, 2025.

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