Wynn Resorts Files 8-K for Material Agreement

TL;DR

Wynn Resorts signed a big deal, filing details with SEC.

AI Summary

Wynn Resorts, Limited filed an 8-K on September 16, 2024, to report the entry into a material definitive agreement and to file financial statements and exhibits. The filing does not contain specific details about the agreement or financial figures within the provided text.

Why It Matters

This filing indicates Wynn Resorts has entered into a significant agreement, which could impact its business operations and financial standing. Investors should look for further details to understand the implications.

Risk Assessment

Risk Level: low — The filing itself is a standard disclosure and does not inherently present new risks, but the underlying agreement could carry risks not detailed here.

Key Players & Entities

• WYNN RESORTS, LIMITED (company) — Registrant
• September 16, 2024 (date) — Date of earliest event reported

FAQ

Key Financial Figures

• $0.01 — ich registered Common stock, par value $0.01 WYNN Nasdaq Global Select Market Chec
• $71.8 million — ment to, among other things: (i) obtain $71.8 million in incremental extended term loans with
• $68.7 million — ting Credit Agreement); and (ii) obtain $68.7 million in incremental extended revolving commi

Filing Documents

• wynn-20240916.htm (8-K) — 32KB
• ex101-wrfcreditagreementam.htm (EX-10.1) — 110KB
• ex1011-exatoamendmentno4am.htm (EX-10.1 1) — 2168KB
• 0001174922-24-000135.txt ( ) — 2824KB
• wynn-20240916.xsd (EX-101.SCH) — 2KB
• wynn-20240916_lab.xml (EX-101.LAB) — 21KB
• wynn-20240916_pre.xml (EX-101.PRE) — 12KB
• wynn-20240916_htm.xml (XML) — 3KB

01 Entry into a Material Definitive Agreement

Item 1.01 Entry into a Material Definitive Agreement. On September 16, 2024, Wynn Resorts, Limited (the "Company") announced that Wynn Resorts Finance, LLC ("WRF"), an indirect wholly owned subsidiary of the Company, and certain of its subsidiaries entered into an amendment (the "Credit Agreement Amendment") to the credit agreement dated as of September 20, 2019, as amended by Amendment No. 1, dated as of April 10, 2020, Amendment No. 2, dated as of November 27, 2020 and Amendment No. 3 dated as of May 17, 2023 (as further amended, restated, amended and restated, replaced, supplemented, or otherwise modified prior to giving effect to the amendments contemplated by the Credit Agreement Amendment, the "Existing Credit Agreement" and, after giving effect to the amendments contemplated by this Amendment, the "Credit Agreement"), among Deutsche Bank AG New York Branch, as administrative agent and collateral agent, and the lenders party thereto. The Credit Agreement Amendment amends the Existing Credit Agreement to, among other things: (i) obtain $71.8 million in incremental extended term loans with a stated maturity date of September 20, 2027, the proceeds of which were used by the Borrower to refinance in full all outstanding Non-Extended Term A Facility Loans (as defined in the Existing Credit Agreement); and (ii) obtain $68.7 million in incremental extended revolving commitments with a stated maturity date of September 20, 2027, to replace in full all outstanding Non-Extended Revolving Commitments (as defined in the Existing Credit Agreement), which Non-Extended Revolving Commitments were terminated. The foregoing description of the Credit Agreement Amendment is qualified in its entirety by reference to the full text of the Credit Agreement Amendment and Exhibit A thereto, which are filed herewith as Exhibits 10.1 and 10.1.1 and incorporated herein by this reference.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 10.1 Amendment No. 4 to Credit Agreement, dated as of September 16, 2024, by and among Wynn Resorts Finance, LLC, as borrower, the subsidiaries of borrower party hereto, as guarantors, Deutsche Bank AG New York Branch, as administrative agent. 10.1.1 Exhibit A to Amendment No. 4 - Credit Agreement, dated as of September 20, 2019 (as amended by Amendment No. 1 dated as of April 10, 2020, Amendment No. 2 dated as of November 27, 2020, and Amendment No. 3 dated as of May 17, 2023, Amendment No. 4 dated as of September 16, 2024), by and among Wynn Resorts Finance, LLC, as borrower, the subsidiaries of borrower party hereto, as guarantors, Deutsche Bank AG New York Branch, as administrative agent and as collateral agent. 104 Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. WYNN RESORTS, LIMITED Dated: September 16, 2024 By: /s/ Julie Cameron-Doe Julie Cameron-Doe Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR