04:33 PM EDT, 09/10/2024 (MT Newswires) -- Wynn Resorts ( WYNN ) said Tuesday that Wynn Resorts Finance and Wynn Resorts Capital priced $800 million of 6.25% notes due 2033 in a private offering.

Wynn Resorts Finance will contribute or lend a portion of the proceeds to its subsidiary Wynn Las Vegas, which will use the funds to redeem Wynn Las Vegas and Wynn Las Vegas Capital's 5.5% notes due 2025, the company said.

The rest of the proceeds will be used for general corporate purposes, which may include covering all or a part of the $130 million forfeiture under a non-prosecution agreement with the US Department of Justice, Wynn said.

Price: 75.10, Change: -0.25, Percent Change: -0.33