Wynn Macau Ltd said in a Thursday filing that it has reached an agreement with its lenders to increase the amount available under a revolving facilities agreement by US$1 billion.
The total amount made available by lenders under the facility now sits at US$2.5 billion, the company explained. It did not, however, outline the reasons for the increase or how it intends to utilize the additional liquidity should it take full advantage.
The original US$1.5 billion facilities agreement was first inked in mid-September 2021 – at the heart of Macau’s COVID-19 shutdown – which Wynn said at the time included the option of increasing the facility by an additional US$1 billion. It also described the main purpose of the facility as being to pay down existing debt.
The maturity date of the facilities agreement was last year extended by three years from September 2025 to September 2028
Wynn Macau’s parent company, Wynn Resorts, is due to release its 2Q25 financial results for the group next week.
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