Wynn Resorts stock reports USD 900.0 million debt refinancing
Published on 09/29/2026 at 13:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Wynn Resorts (ISIN US9831341030) issued USD 900.0 million of senior notes due 2035 on September 22, 2026, giving the casino operator a defined refinancing task as its shares trade near the lower end of their annual range. According to the SEC, the notes carry a 6.875 percent coupon and mature on March 15, 2035.
Debt refinancing raises interest cost
The proceeds, together with cash on hand, are intended to redeem Wynn Las Vegas debt carrying a 5.250 percent coupon and maturing in 2027. The refinancing therefore extends the maturity by 8 years, but it also increases the stated coupon by 1.625 percentage points.
The filing says the new notes are guaranteed by domestic subsidiaries subject to specified exceptions and include covenants covering liens, asset sales and other financing activity. For investors, the key trade-off is clearer maturity management against a higher stated funding cost.
Second-quarter figures beat consensus
Wynn Resorts reported USD 1.86 billion in second-quarter 2026 revenue and USD 1.24 in adjusted diluted EPS, according to MarketBeat. Adjusted EPS exceeded the USD 0.99 consensus by USD 0.25, while revenue was USD 0.03 billion above the USD 1.83 billion estimate.
The same report put year-over-year revenue growth at 6.9 percent and cited a quarterly dividend of USD 0.25. That operating comparison gives the debt transaction a more balanced backdrop: earnings were ahead of estimates, while the refinancing carries a higher coupon than the debt it is designed to replace.
Nasdaq valuation stays measurable
WYNN was last at USD 80.52 on Nasdaq on September 28, 2026 at 4:00 p.m. ET. The finance quote showed a market capitalization of USD 8.4 billion and a 52-week range of USD 77.06 to USD 134.72, placing the latest primary-exchange price USD 3.46 above the low and USD 54.20 below the high.
Wynn Resorts stock facts
- Company: Wynn Resorts, Limited
- ISIN: US9831341030
- Ticker: WYNN
- Primary exchange: Nasdaq Global Select Market
- Market capitalization: USD 8.4 billion (as of September 28, 2026)
- 52-week range: USD 77.06-USD 134.72 (as of September 28, 2026)
- Sector / Industry: Consumer Discretionary / Casinos and Gaming
- Index membership: S&P 500
