The Issuers will make an aggregate cash payment of
The Issuers intend to execute a supplemental indenture with respect to the Notes containing the Proposed Amendment. The supplemental indenture will conform the definition of “Change of Control” relating to ownership of equity interests in the Company in the Indenture to the terms of the indentures governing the Issuers’ other outstanding notes, and will bind all holders of the Notes, including those that did not give their consent, though non-consenting holders will not receive such holder’s portion of the Consent Payment. The Proposed Amendment will be effective for the Notes upon execution of the supplemental indenture, but will be operative only upon payment of the Consent Payment.
This announcement is for information purposes only and is neither an offer to sell nor a solicitation of an offer to buy any security. This announcement is also not a solicitation of consents with respect to the Proposed Amendment or of any securities. The solicitation of consents is not being made in any jurisdiction in which, or to or from any person to or from whom, it is unlawful to make such solicitation under applicable securities or “blue sky” laws.
This release contains forward-looking statements, including those
related to the solicitation of consents. Forward-looking information
involves important risks and uncertainties that could significantly
affect anticipated results in the future, and, accordingly, such results
may differ from those expressed in any forward-looking statements. These
risks and uncertainties include, but are not limited to, competition in
the casino/hotel and resorts industries, controversy, regulatory action,
litigation and investigations related to
View source version on businesswire.com: https://www.businesswire.com/news/home/20180320006633/en/
Wynn Resorts, Limited
Craig Billings, 702-770-7555
Chief Financial Officer & Treasurer