Wynn Macau adjusts 2029 convertible bond conversion price to HK$9.02275 following HK$0.223 final dividend

Bulletin Express06-05 20:05

Wynn Macau, Limited announced an automatic downward adjustment in the conversion price of its outstanding US$600.00 million 4.50% convertible bonds due 2029.

The conversion price will fall 3.9% from HK$9.39194 to HK$9.02275 per share, reflecting the final dividend of HK$0.223 per share approved at the 28 May 2026 general meeting. The adjustment becomes effective on 6 June 2026, immediately after the 5 June 2026 record date for the dividend.

Based on the current issued share capital of 5,263.72 million shares, full conversion of the bonds after the adjustment would result in the issuance of approximately 521.99 million new shares, equal to 9.9% of the existing share base and 9.0% of the enlarged share capital.

All other terms and conditions of the 2029 convertible bonds remain unchanged. Bondholders are advised to consult professional advisers regarding the implications of the revised conversion price.

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