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MGM Resorts To Offer $750 Mln Of Senior Notes

September 03, 2024 — 09:09 am EDT

Written by RTTNews.com for RTTNews->

(RTTNews) - MGM Resorts International (MGM) on Tuesday announced that it proposes to offer $750 million of Senior Notes, due 2032.

The company intends to use the net proceeds from the offering mainly to repay debt, including its outstanding 6.750 percent senior notes due 2025.

MGM was trading down by 0.90 percent at $37.25 in the pre-market trade on the New York Stock Exchange.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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