Wynn Macau Launches $1 Billion Senior Notes Offering
Deal News | Aug 19, 2025 | White & Case LLP
Global law firm White & Case LLP has provided legal counsel to Deutsche Bank AG, Singapore Branch, and 17 other financial institutions involved as initial purchasers in the issuance of $1 billion in senior notes by Wynn Macau, Limited. The senior notes carry an interest rate of 6.750% and are due in 2034, marking a significant financial transaction within the Macau gaming market. With Jessica Zhou leading the legal team, this transaction underscores White & Case's long-standing expertise in handling finance deals for major players in Macau's casino and entertainment sector. Deutsche Bank AG, alongside other banks including BofA Securities and SMBC Nikko Securities America, served as joint global coordinators and lead bookrunners, with additional support from various international banks. The successful execution of the financing reflects confidence in both Wynn Macau and the broader Macau market.
Sectors
- Legal Services
- Financial Services
- Gaming and Entertainment
Geography
- Macau – Wynn Macau is a key player in Macau's gaming and entertainment industry where the transaction is based.
- Hong Kong – Wynn Macau is listed in Hong Kong, indicating a connection to the financial markets there.
- International – Involvement of global financial institutions like Deutsche Bank AG and others located in various countries.
Industry
- Legal Services – White & Case provided legal advisory services for the transaction, highlighting the role of law firms in finance deals.
- Financial Services – The transaction involved multiple banks acting as initial purchasers, a key aspect of the financial services industry.
- Gaming and Entertainment – Wynn Macau operates integrated casino gaming and entertainment facilities, which is central to this transaction.
Financials
- $1 billion – The size of the senior notes offering by Wynn Macau.
- 6.750% – The interest rate of the senior notes.
- 2034 – The year the senior notes are due.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Wynn Macau, Limited | Target | Company | A leading developer, owner, and operator of integrated casino gaming and entertainment resort facilities in Macau. |
| White & Case LLP | Legal Advisor | Company | A global law firm advising on the issuance of the senior notes. |
| Deutsche Bank AG, Singapore Branch | Initial Purchaser | Company | One of the main financial institutions acting as joint global coordinators and joint lead bookrunners. |
| BofA Securities, Inc. | Joint Global Coordinator | Company | Involved as part of the financial institutions handling the senior notes offering. |
| Jessica Zhou | Leading Partner | Person | Partner at White & Case who led the legal team for the transaction. |