White & Case advises initial purchasers on Wynn Macau’s US$1 billion senior notes offering

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Global law firm White & Case LLP has advised Deutsche Bank AG, Singapore Branch and 17 other banks as initial purchasers in the Rule 144A/ Regulation S offering of US$1 billion of 6.750% senior notes, due 2034, by Wynn Macau, Limited (Wynn Macau), a Hong Kong-listed leading developer, owner and operator of integrated destination casino gaming and entertainment resort facilities in Macau.

"The successful execution of this transaction extends our strong track record in advising on the financing transactions of some of the major players in the Macau gaming sector. The substantial size of this senior notes issuance reflects market confidence in Wynn Macau and the Macau market generally," said White & Case partner Jessica Zhou, who led the Firm's deal team and has advised on several of Wynn Macau's notes offerings since 2017.

The initial purchasers comprised Deutsche Bank AG, Singapore Branch, BofA Securities, Inc., Scotia Capital (USA) Inc. and SMBC Nikko Securities America, Inc. as joint global coordinators and joint lead bookrunners, and Abu Dhabi Commercial Bank PJSC, Banco Nacional Ultramarino, S.A., Bank of China Limited, Macau Branch, Bank of Communications Co., Ltd. Macau Branch, BNP PARIBAS, CBRE Capital Advisors, Inc., China CITIC Bank International Limited, China Construction Bank Corporation Macau Branch, DBS Bank Ltd., Industrial and Commercial Bank of China (Macau) Limited, Luso International Banking Limited, Oversea-Chinese Banking Corporation Limited, Tai Fung Bank Limited, and United Overseas Bank Limited, Hong Kong Branch as joint bookrunners.

The White & Case team which advised on the transaction was led by partner Jessica Zhou (Hong Kong) and included partner Chad McCormick (Houston) and associates Paul Qu and Yuning Zhou (both Hong Kong) and Thor Fielland (Houston).

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