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MGM Resorts ( (MGM) ) has provided an announcement.
On May 13, 2026, MGM China Holdings Limited issued $750 million of 6.25% senior notes due 2033 to accredited investors in the U.S. and qualified buyers internationally, generating about $739.9 million in net proceeds. The company plans to use the funds to repay part of its revolving credit facility and for general corporate purposes, which should enhance liquidity and extend its debt maturity profile.
The notes pay cash interest semiannually starting November 15, 2026, and carry a series of call options that allow early redemption at defined premiums, as well as special repurchase rights tied to changes of control and Macau gaming status. Covenants and default provisions in the indenture restrict certain mergers, impose reporting requirements and establish acceleration triggers, shaping creditor protections and potentially influencing MGM China’s future financing flexibility.
The most recent analyst rating on (MGM) stock is a Hold with a $40.00 price target. To see the full list of analyst forecasts on MGM Resorts stock, see the MGM Stock Forecast page.
Spark’s Take on MGM Stock
According to Spark, TipRanks’ AI Analyst, MGM is a Neutral.
Overall score reflects solid cash generation and a generally constructive outlook (>4% revenue growth guidance, China share gains, and digital growth), balanced against meaningful financial risk from very high leverage and sharply lower profitability. Technicals and valuation are roughly neutral, providing limited offset to the balance-sheet and margin concerns.
To see Spark’s full report on MGM stock, click here.
More about MGM Resorts
MGM China Holdings Limited, a consolidated subsidiary of U.S.-based MGM Resorts International, operates in the gaming and hospitality industry with a focus on casino and integrated resort operations in Macau. The company targets both mass-market and premium gaming customers, relying heavily on access to capital markets to fund operations, manage debt and support its large-scale resort assets.
Average Trading Volume: 4,693,573
Technical Sentiment Signal: Buy
Current Market Cap: $9.44B
Learn more about MGM stock on TipRanks’ Stock Analysis page.