Wynn Macau has successfully completed the full redemption of its $1 billion 5.5 percent Senior Notes due in 2026, the company announced on September 3rd.
The Macau casino operator had previously announced its intention to execute an early redemption of the notes on August 22nd, 2025. This redemption follows the company’s recent pricing of a $1 billion offering of senior notes due 2034, carrying an interest rate of 6.75 percent, as part of a broader refinancing strategy to bolster its balance sheet.
The completion of this financial restructuring represents a significant debt management move for the gaming company, effectively replacing lower-yielding 2026 notes with longer-term financing. While the new 2034 notes carry a higher interest rate of 6.75 percent compared to the 5.5 percent rate of the redeemed securities, the extended maturity provides Wynn Macau with greater financial flexibility and removes near-term refinancing pressure.
Following the full redemption, Wynn Macau has applied to The Stock Exchange of Hong Kong Limited to withdraw the listing of the 2026 Notes. The delisting is expected to become effective upon the close of business on September 11th, 2025, formally removing the debt securities from the exchange.
