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Published on 3/25/2024 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

MGM Resorts to repay 6¾% senior notes due 2025 via new 2032 notes

By Marisa Wong

Los Angeles, March 25 – MGM Resorts International plans to repay its existing debt, including its outstanding 6¾% senior notes due 2025, using proceeds from an offering of new notes, according to a press release.

The company announced on Monday that it plans to offer $750 million of senior notes due 2032.

The hospitality and entertainment company is based in Las Vegas.


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