(Bloomberg) -- Wynn Resorts Ltd. increased the size
of a loan for its casino in Macau, the world's biggest gambling
market, by 24 percent to $1.55 billion, said three people with
direct knowledge of the matter.
The company, controlled by billionaire Steve Wynn, boosted
borrowings from $1.25 billion after more than 50 banks and funds
offered to lend more than it sought, said the people, who
declined to be identified because details aren't public. Bank of
America Corp., Deutsche Bank AG and Societe Generale SA are
arranging the financing, they said.
Read more at Bloomberg Emerging Markets News
of a loan for its casino in Macau, the world's biggest gambling
market, by 24 percent to $1.55 billion, said three people with
direct knowledge of the matter.
The company, controlled by billionaire Steve Wynn, boosted
borrowings from $1.25 billion after more than 50 banks and funds
offered to lend more than it sought, said the people, who
declined to be identified because details aren't public. Bank of
America Corp., Deutsche Bank AG and Societe Generale SA are
arranging the financing, they said.
Read more at Bloomberg Emerging Markets News
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