2025.11.05
is turtle creek casino openWith Wynn being successful in its latest bond sales, DeCree says rivals could soon test the waters, too.Several states with previously high marks saw their grades lower.Earlier this week, Wynn Resorts (NASDAQ:WYNN) sold 0 million of corporate notes coming due in 2025 with at an interest rate of 7.online slots real money south africa book of ra“Wynn Resorts led the way for the gaming sector… with an upsized bond offering, marking the first new issuance for the sector since Covid-19 hit,” said DeCree.Several states with previously high marks saw their grades lower.75 percent in a private offering, a transaction that was significant for at least two reasons.valley forge casino card show cache creek casino woodland casoaring eagle casino dining“There will likely be a number of gaming issuers that will need to test the markets in the coming weeks, and we suspect there will be demand at various chumba casino win lob statementlevels of risk,” said the analyst.Still, the aforementioned bond offering was well-timed and could serve to calm skittish investors, because the company recently said it’s Wynn Macau arm is still bleeding about .This is a significant milestone for the industry, as it represents the availability of capital even in this chumba casino win lob statementenvironment, at least for some issuers,” said Union Gaming analyst John DeCree in a note to clients.4crowns casino no deposit bonus codes(Image: Reuters)First, the offering was upsized from 0 million, indicating demand for the notes was robust, even though corporate debt markets are under stress.Today, only Nevada maintains its “A-” rating, and is one of only two states with an “A” report, the other being Vermont.Earlier this week, Wynn Resorts (NASDAQ:WYNN) sold 0 million of corporate notes coming due in 2025 with at an interest rate of 7.sycuan casino resort las vegas online casino 200 no deposit bonusthunder valley casino managementSeveral states with previously high marks saw their grades lower.With the industry under duress caused by the coronavirus outbreak, creditors will likely demand added compensation for what they perceive to be elevated risk.Since March 5, US companies have drawn 5 billion on credit facilities from 382 different lenders, according to S&P Global Market Intelligence.(NASDAQ:CZR), MGM Resorts International (NYSE:MGM) and Wynn, rushed to bring cash onto their balance sheets via bank lines of credit.Since March 5, US companies have drawn 5 billion on credit facilities from 382 different lenders, according to S&P Global Market Intelligence.Other Avenues For CashOver the past month, gaming companies, including Caesars Entertainment Corp.winstar world casino online gaming pechanga casino directions |