Wynn Las Vegas loans dropped from Markit LCDX after dealer poll

By Susanna Moon

Chicago, June 19 - Wynn Las Vegas, LLC's loans on the syndicated secured list were voted off through a dealer poll.

The 30-business-day window for suggesting substitute obligations ended at the close of business June 18, according to a Markit notice.

New versions of the affected Markit LCDX series are being issued, with an annex date of June 18.

Cash settlement may occur after 10 business days on July 2.

The company is also a constituent of Markit LCDX series 14 through 20. As those series were launched under the Bullet contract, they do not include optional early termination provisions, Markit said.

Wynn Las Vegas is a wholly owned subsidiary of Wynn Resorts, Ltd., a Las Vegas-based developer, owner and operator of destination casino resorts.

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