MGM Resorts International 6.5% 15-APR-2032MGM Resorts International 6.5% 15-APR-2032MGM Resorts International 6.5% 15-APR-2032

MGM Resorts International 6.5% 15-APR-2032

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Key terms


Outstanding amount
‪750.00 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
6.50% (Fixed)
Coupon frequency
Semi-annual
Yield to maturity
6.38%
Maturity date
Apr 15, 2032
Term to maturity
7 years

About MGM Resorts International 6.5% 15-APR-2032


Sector
Consumer Services
Industry
Casinos/Gaming
Issue date
Apr 9, 2024
FIGI
BBG01M5GFHP8
MGM Resorts International is a holding company, which engages in the ownership and operations of casino resorts. The firm's casino resorts offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities. It operates through the following business segments: Las Vegas Strip Resorts, Regional Operations and MGM China. The Las Vegas Strip Resorts segment consists of the following casino resorts: Bellagio, MGM Grand Las Vegas, Mandalay Bay, The Mirage, Luxor, New York-New, Excalibur, Park MGM, and Circus Las Vegas. The Regional Operations segment consists of the following casino resorts: MGM Grand Detroit in Detroit, Michigan, Beau Rivage in Biloxi, Mississippi, Gold Strike Tunica in Tunica, Mississippi, Borgata in Atlantic City, New Jersey, MGM National Harbor in Prince George’s County, Maryland, and MGM Springfield in Springfield, Massachusetts. The MGM China segment consists of MGM Macau and MGM Cotai. The company was founded by Kerkor Kerkorian on January 29, 1986, and is headquartered in Las Vegas, NV.
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