MGM Resorts International on May 16 issued $750 million in aggregate principal amount of 5.375% senior notes due 2024 and $750 million in aggregate principal amount of 5.875% senior notes due 2026.
The 2024 notes will mature on May 15, 2024, while the 2026 notes will mature on May 15, 2026.
The company plans to use the proceeds from the offering to repay amounts under its revolving credit facility and term loan facility, as well as to pay fees and expenses related to the offering.