Brief: Wynn Macau Announces Proposed Issuance Of $600 Mln 4.50% Convertible Bonds Due 2029

Wynn Macau

03/03/2023 01:51

March 3 (Reuters) - Wynn Macau Ltd  1128.HK :
    * ANNOUNCED PROPOSED ISSUANCE OF US$600 MILLION 4.50%
CONVERTIBLE
BONDS DUE 2029
    * BONDS ARE CONVERTIBLE INTO SHARES AT INITIAL CONVERSION
PRICE OF
HK$10.24 PER SHARE
    * ESTIMATES NET PROCEEDS FROM OFFERING OF BONDS AFTER
DEDUCTION OF
COMMISSION & OTHER EXPENSES, WILL BE ABOUT US$586 MILLION

Source text for Eikon:  ID:nHKS4b8Ldd 
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 ((Reuters.Briefs@thomsonreuters.com;))