18 October 2013

 

Skadden advised Wynn Macau, Limited in connection with an offering of US$600 million 5.25% senior unsecured notes due 2021. The notes are listed on the Hong Kong Stock Exchange. The Macau casino developer will use the proceeds for working capital requirements and general corporate purposes.

 

In 2012 Skadden advised Wynn Resorts (Macau) S.A. in connection with a US$2.3 billion dual-currency secured credit facility to fund the design, development and construction of the company’s US$4 billion Cotai casino resort and, in July 2013, the firm also advised Wynn on a US$200 million upsizing of its commercial bank facilities for the Cotai resort.

 

The team for the senior notes offering included Skadden attorneys from the Hong Kong, Washington, DC, Sydney and New York offices and was led by Alan Schiffman and Alec Tracy in Hong Kong.

 

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