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Long-Term Debt (Tables)
12 Months Ended
Dec. 31, 2020
Debt Disclosure [Abstract]  
Long-Term Debt
Long-term debt consisted of the following (in thousands):
December 31,
20202019
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 2024600,000 600,000 
WML 5 1/2% Senior Notes, due 20261,000,000 — 
WML 5 1/2% Senior Notes, due 2027750,000 750,000 
WML 5 5/8% Senior Notes, due 20281,350,000 — 
WML 5 1/8% Senior Notes, due 20291,000,000 1,000,000 
U.S. and Corporate Related:
WRF Credit Facilities (4):
   WRF Term Loan, due 2024937,500 987,500 
 WRF Revolver, due 2024716,000 — 
WLV 4 1/4% Senior Notes, due 2023500,000 500,000 
WLV 5 1/2% Senior Notes, due 20251,780,000 1,780,000 
WLV 5 1/4% Senior Notes, due 2027880,000 880,000 
WRF 7 3/4% Senior Notes, due 2025600,000 — 
WRF 5 1/8% Senior Notes, due 2029750,000 750,000 
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 
20221,179,141 
2023550,000 
20242,103,500 
20252,995,000 
Thereafter5,730,000 
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.