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Wynn Resorts tighten up Loan Safeguards as Macau Casinos boom



This gambling company is giving its existing lenders a good hand, in a rare example of a junk-rated company that raises the guarantee of a loan.

Wynn Resorts (Macau) SA wants to tighten financial conditions on a $ 3.05 billion equivalent facility that, in the opinion of those familiar with the matter, should not be publicly speaking and should not be identified provides stronger protection for banks. This is unlike other borrowers who sought looser conditions.


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