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Long-Term Debt (Tables) | 12 Months Ended
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Dec. 31, 2020
Debt Disclosure [Abstract] |
Long-Term Debt | Long-term debt consisted of the following (in thousands):
| December 31,
| 2020 |  | 2019
Macau Related: |  |  |
Wynn Macau Credit Facilities (1): |  |  |
Wynn Macau Term Loan, due 2022 (2) | $ | 1,268,106 |  |  | $ | 2,302,540 |
Wynn Macau Revolver, due 2022 (3) | 407,443 |  |  | 350,232 |
WML 4 7/8% Senior Notes, due 2024 | 600,000 |  |  | 600,000 |
WML 5 1/2% Senior Notes, due 2026 | 1,000,000 |  |  | — |
WML 5 1/2% Senior Notes, due 2027 | 750,000 |  |  | 750,000 |
WML 5 5/8% Senior Notes, due 2028 | 1,350,000 |  |  | — |
WML 5 1/8% Senior Notes, due 2029 | 1,000,000 |  |  | 1,000,000 |
U.S. and Corporate Related: |  |  |
WRF Credit Facilities (4): |  |  |
WRF Term Loan, due 2024 | 937,500 |  |  | 987,500 |
WRF Revolver, due 2024 | 716,000 |  |  | — |
WLV 4 1/4% Senior Notes, due 2023 | 500,000 |  |  | 500,000 |
WLV 5 1/2% Senior Notes, due 2025 | 1,780,000 |  |  | 1,780,000 |
WLV 5 1/4% Senior Notes, due 2027 | 880,000 |  |  | 880,000 |
WRF 7 3/4% Senior Notes, due 2025 | 600,000 |  |  | — |
WRF 5 1/8% Senior Notes, due 2029 | 750,000 |  |  | 750,000 |
Retail Term Loan, due 2025 (5) | 615,000 |  |  | 615,000 |
| 13,154,049 |  |  | 10,515,272 |
Less: Unamortized debt issuance costs and original issue discounts and premium, net | (88,279) |  |  | (111,413) |
| 13,065,770 |  |  | 10,403,859 |
Less: Current portion of long-term debt | (596,408) |  |  | (323,876) |
Total long-term debt, net of current portion | $ | 12,469,362 |  |  | $ | 10,079,983 |
(1) The borrowings under the Wynn Macau Credit Facilities bear interest at LIBOR or HIBOR plus a margin of 1.50% to 2.25% per annum based on Wynn Resorts Macau S.A.’s leverage ratio. (2) Approximately $717.3 million and $550.8 million of the Wynn Macau Term Loan bears interest at a rate of LIBOR plus 2.25% per year and HIBOR plus 2.25% per year, respectively. As of December 31, 2020 and 2019, the weighted average interest rate was approximately 2.41% and 3.95%, respectively. (3) Approximately $231.7 million and $175.7 million of the Wynn Macau Revolver bears interest at a rate of LIBOR plus 2.25% per year and HIBOR plus 2.25% per year, respectively. As of December 31, 2020 and 2019, the weighted average interest rate was approximately 2.44% and 3.92%, respectively. As of December 31, 2020, the available borrowing capacity under the Wynn Macau Revolver was $343.5 million. (4) The WRF Credit Facilities bear interest at a rate of LIBOR plus 1.75% per year. As of December 31, 2020 and 2019, the weighted average interest rate was 1.90% and 3.55%, respectively. Additionally, as of December 31, 2020, the available borrowing capacity under the WRF Revolver was $117.9 million, net of $16.1 million in outstanding letters of credit. The Company repaid $716.0 million of the outstanding borrowings under the WRF Revolver in February 2021. (5) The Retail Term Loan bears interest at a rate of LIBOR plus 1.70% per year. As of December 31, 2020 and 2019, the effective interest rate was 2.70% and 3.41%, respectively.
Scheduled Maturities of Long-Term Debt | Scheduled maturities of long-term debt as of December 31, 2020 were as follows (in thousands):
Years Ending December 31, |
2021 (1) | $ | 596,408 |
2022 | 1,179,141 |
2023 | 550,000 |
2024 | 2,103,500 |
2025 | 2,995,000 |
Thereafter | 5,730,000 |
| 13,154,049 |
Unamortized debt issuance costs and original issue discounts and premium, net | (88,279) |
| $ | 13,065,770 |
(1) Includes $412.5 million related to the prepayment of the Wynn Macau Term Loan paid in January 2021. The remaining contractual amortization payments were reduced on a pro rata basis by $412.5 million.

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