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Wynn Macau Expands Credit Facilities to Bolster Financial Flexibility

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Wynn Macau Expands Credit Facilities to Bolster Financial Flexibility

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Wynn Macau ( (HK:1128) ) has shared an update.

Wynn Macau, Limited has announced an increase in its senior unsecured revolving credit facilities, raising the total committed amount to US$2.5 billion. This financial move is expected to enhance the company’s liquidity and operational flexibility, potentially impacting its market position and stakeholder interests.

The most recent analyst rating on (HK:1128) stock is a Hold with a HK$5.50 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, Limited is a company incorporated in the Cayman Islands, primarily operating in the hospitality and gaming industry. It is known for its luxury resorts and casinos, catering to high-end clientele, and is listed on the Hong Kong Stock Exchange.

Average Trading Volume: 12,960,025

Technical Sentiment Signal: Buy

Current Market Cap: HK$34.85B

For detailed information about 1128 stock, go to TipRanks’ Stock Analysis page.

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