trending Market Intelligence /marketintelligence/en/news-insights/trending/zJs9ZTtnRN73YVjNrdxEIA2 content esgSubNav
In This List

MGM Resorts issues $1.5B senior notes

Blog

Insight Weekly: Ukraine war impact on mining; US bank growth slowdown; cloud computing headwinds

CASE STUDY

Deep Market Intelligence Helps a Credit Union Craft a Successful Expansion Plan

Blog

Global M&A By the Numbers: Q1 2022

Blog

Insight Weekly: Earnings forecasts for US banks; corporate deleveraging; LatAm currency gains


MGM Resorts issues $1.5B senior notes

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.