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Wynn Macau ( (HK:1128) ) has issued an announcement.
Wynn Macau has successfully closed the issuance of US$1 billion in 6.750% Senior Notes due 2034, which will be listed on the Hong Kong Stock Exchange. The proceeds, estimated at approximately US$989 million after expenses, will be used for general corporate purposes, including repaying existing debt, thereby strengthening the company’s financial position.
The most recent analyst rating on (HK:1128) stock is a Buy with a HK$7.80 price target. To see the full list of analyst forecasts on Wynn Macau stock, see the HK:1128 Stock Forecast page.
More about Wynn Macau
Wynn Macau is a prominent player in the hospitality and gaming industry, primarily focusing on luxury resorts and casinos. The company operates in the Macau region, a major hub for gaming and tourism, and is known for its high-end services and facilities.
Average Trading Volume: 14,234,443
Technical Sentiment Signal: Buy
Current Market Cap: HK$32.07B
For a thorough assessment of 1128 stock, go to TipRanks’ Stock Analysis page.