Wynn Resorts said it was raising fund for general corporate purposes through the sale to the public of 5.5 million shares, with an option for underwriters for an additional 825,000 stocks. It didn't give the offer price, but Wynn's stock is currently trading at $116.99.
A January debt refinancing has had a "meaningful positive impact" on Mohegan Tribal Gaming Authority's liquidity, says Moody's Investor Services, explaining why it has upgraded its Corporate Family Rating to Caa1 from Caa2 and Probability of Default Rating to Caa1-PD from Caa2-PD.
Crown Resorts said that Moody's Investors Service has withdrawn its rating on a euro medium-term note program from one of its wholly owned subsidiaries.
Silver Heritage said it plans to issue 53,000,795 ordinary shares at A$0.01 each to fund the retirement of debt.
Mohegan Gaming said its Project Inspire in South Korea is scheduled to open in early 2023 and it expects to close financing in early 2021.
Bloomberry Resorts said its Bloomberry Resorts and Hotels unit signed, with a syndicate of banks, an amendment to the P73.5 billion ($1.5 billion) Omnibus Loan and Security Agreement for an additional facility in the principal amount of P20 billion. The facility was oversubscribed.
Udenna Corp. now holds 86.59 percent of PH Resorts following the issue of new shares. Prior to the transaction, the company owned 82.28 percent. The funds will be used to help finance the development of PH Resort's flagship project, the Emerald Bay Resort.
Lotte Tour Development has announced that its flagship Jeju Dream Tower, a KRW1.6 trillion (US$1.4 billion) project, is now completely financed.
Suncity Group said it has secured a two-year extension to the conversion date of outstanding convertible bonds, which are mostly held by a company controlled by Chairman Alvin Chau.
MGM Resorts said it has upsized a public note offering from $500 million to $750 million and will use the proceeds to refinance existing debt and for general corporate purposes.