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Wynn Macau ( (HK:1128) ) has shared an announcement.
Wynn Macau has announced a proposed issuance of Senior Notes aimed at professional investors, with the intention of using the proceeds for general corporate purposes, including repaying existing debt. This strategic move is expected to extend the maturity profile of the company’s indebtedness, potentially strengthening its financial position and operational flexibility in the competitive gaming and hospitality sector.
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 is a prominent player in the hospitality and gaming industry, known for its luxury resorts and casinos. The company primarily focuses on providing high-end entertainment and accommodation services in Macau, a major hub for gaming and tourism in Asia.
YTD Price Performance: 20.65%
Average Trading Volume: 13,884,572
Technical Sentiment Signal: Buy
Current Market Cap: HK$33.01B
For detailed information about 1128 stock, go to TipRanks’ Stock Analysis page.