Wynn Resorts Takes Advantage Of Buyback Amendment

05 Dec 2008

Wynn Resorts repurchased $625 million of its term loan "B" at a discounted price of 95.375, according to a filing with the Securities and Exchange Commission.

Wynn Resorts repurchased $625 million of its term loan "B" at a discounted price of 95.375, according to a filing with the Securities and Exchange Commission. The debt was then retired, reducing the company's outstanding bank loans to $350 million. Wynn is one of the many companies that ...

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