MGM Resorts may pay down loan borrowings with notes proceeds

By Sara Rosenberg

New York, Jan. 11 - MGM Resorts International plans on repaying some borrowings under its senior credit facility or outstanding debt securities using proceeds from an $850 million senior unsecured notes offering that was upsized from $500 million, according to a market source.

MGM Resorts is a Las Vegas-based owner and operator of casino resorts.

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