In today’s briefing:
- Lucror Analytics – Morning Views Asia
- Wynn Macau – Proposed Issuance Of USD 500 Mn 8.5NC3 Notes
Lucror Analytics – Morning Views Asia
- UST yield movements were muted yesterday, amid an absence of macro news and ahead of the CPI data release today.
- The yields on the 2Y and 10Y UST were unchanged at 3.77% and 4.29%, respectively.
- Equities retreated, with the S&P 500 and Nasdaq both declining 0.3% to 6,373 and 21,385, respectively.
Wynn Macau – Proposed Issuance Of USD 500 Mn 8.5NC3 Notes
- Wynn Macau is proposing to issue USD 500 mn 8.5NC3 senior unsecured Reg-S/144A notes.
- The company aims to use the proceeds to repay outstanding debt, including the RCF and/or existing bonds.
- The notes are rated BB- by S&P and Fitch, in line with Wynn Macau’s issuer-level ratings.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Data and News
- ✓ Events & Webinars
