Wynn Resorts receives commitment for $750 million 364-day term loan

By Wendy Van Sickle

Columbus, Ohio, Sept. 20 – Wynn Resorts, Ltd. said it has entered into a commitment letter with Deutsche Bank for a $750 million 364-day term loan.

If the company borrows on the facility it will use the proceeds for general corporate purposes, including repurchasing its common stock, investments in subsidiaries and/or capital expenditures, according to an 8-K filing with the Securities and Exchange Commission.

Wynn Resorts is a Las Vegas-based casino company.

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