PR Newswire
LAS VEGAS, April 9, 2024 /PRNewswire/ -- MGM Resorts International (the "Company") (NYSE: MGM) today announced that it has completed its previously announced issuance (the "Offering") of $750,000,000 in aggregate principal amount of 6.500% senior notes due 2032 (the "Notes"), which were issued at par.
The Company intends to use the net proceeds from the offering of the notes to repay existing indebtedness, including its outstanding 6.750% senior notes due 2025. Pending such use, the Company may invest the net proceeds in short-term interest-bearing accounts, securities or similar investments.
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