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Long-Term Debt (Tables) | 6 Months Ended
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Jun. 30, 2021
Debt Disclosure [Abstract] |
Summary of Long-Term Debt | Long-term debt consisted of the following (in thousands):
| June 30, 2021 |  | December 31, 2020
Macau Related: |  |  |
Wynn Macau Credit Facilities (1): |  |  |
Wynn Macau Term Loan, due 2022 (2) | $ | 802,898 |  |  | $ | 1,268,106 |
Wynn Macau Revolver, due 2022 (3) | 457,290 |  |  | 407,443 |
WML 4 7/8% Senior Notes, due 2024 | 600,000 |  |  | 600,000 |
WML 5 1/2% Senior Notes, due 2026 | 1,000,000 |  |  | 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 |  |  | 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 | 912,500 |  |  | 937,500 |
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 |  |  | 600,000 |
WRF 5 1/8% Senior Notes, due 2029 | 750,000 |  |  | 750,000 |
Retail Term Loan, due 2025 (5) | 615,000 |  |  | 615,000 |
| 11,997,688 |  |  | 13,154,049 |
Less: Unamortized debt issuance costs and original issue discounts and premium, net | (76,775) |  |  | (88,279) |
| 11,920,913 |  |  | 13,065,770 |
Less: Current portion of long-term debt | (1,308,353) |  |  | (596,408) |
Total long-term debt, net of current portion | $ | 10,612,560 |  |  | $ | 12,469,362 |
(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 $454.4 million and $348.5 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 June 30, 2021, the weighted average interest rate was approximately 2.35%. In January 2021, the Company prepaid $412.5 million of the Wynn Macau Term Loan. (3) Approximately $260.2 million and $197.1 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 June 30, 2021, the weighted average interest rate was approximately 2.34%. As of June 30, 2021, the available borrowing capacity under the Wynn Macau Revolver was $293.2 million. (4) The WRF Credit Facilities bear interest at a rate of LIBOR plus 1.75% per year. As of June 30, 2021, the weighted average interest rate was approximately 1.86%. Additionally, as of June 30, 2021, the available borrowing capacity under the WRF Revolver was $834.2 million, net of $15.8 million in outstanding letters of credit. (5) The Retail Term Loan bears interest at a rate of LIBOR plus 1.70% per year. As of June 30, 2021, the effective interest rate was 2.70%.

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