Wynn Resorts

Wynn Resorts

Wynn Resorts is a Las Vegas-based company founded in 2005 by Steve Wynn.

Key facts

Legal NameWynn Resorts, Limited
Company Operating StatusActive
Full Address3131 Las Vegas Boulevard South Las Vegas, NV 89109 United States
Legal Entity Identifier254900CEKKWIHTEAB172
Stock SymbolWYNN
Wikidata IDQ2274089

Capital structure

$615m total debt

InstrumentCouponMaturityAmountSource
Incremental Extended Term A Facility Loans · Senior SecuredTerm SOFR (same rate as corresponding Extended Term A Facility LUSD 57msource ↗
Incremental Extended Revolving Commitments · Senior SecuredUSD 557msource ↗

Covenant analysis

CovenantTermvs marketSource
Lien Maintenance / Reaffirmation · Negative / SecurityCredit Parties reaffirm all liens and security interests granted to the Collateral Agent; such grants remain in full force and effect after giving effect to this Amendmentsource ↗
Expense Reimbursement · AffirmativeBorrower agrees to reimburse the Administrative Agent and the Amendment No. 5 Lead Arrangers for reasonable and documented out-of-pocket expenses incurred in connection with this Amendmentsource ↗
Post-Closing Mortgage Amendments (Massachusetts) · Post-Closing CovenantWithin 90 days after the Amendment No. 5 Effective Date, deliver mortgage amendments, title endorsements, and related documentation for Mortgaged Real Property located in Massachusettssource ↗
Solvency Certificate · Condition PrecedentBorrower must deliver a solvency certificate with respect to solvency of Borrower on a consolidated basis with its Restricted Subsidiaries immediately after giving effect to the Amendmentsource ↗
Representations and Warranties True · Affirmative / Condition PrecedentEach of the representations and warranties made by the Credit Parties shall be true and correct in all material respects on and as of the Amendment No. 5 Effective Datesource ↗