Wynn Macau adjusts convertible bond price after dividend declaration

Wynn Macau, Limited has adjusted the conversion price of its US$600 million 4.50% convertible bonds due 2029 from HK$9.66905 to HK$9.39194. This adjustment is effective Tuesday, 9 September 2025, and follows the declaration of an interim dividend of HK$0.185 per share by the company.

The adjustment mechanism is based on the terms and conditions of the convertible bonds, which stipulate an adjustment for capital distributions to shareholders. The company’s board declared the interim dividend on 20 August 2025, with a record date of Monday, 8 September 2025.

As of the announcement date, Wynn Macau has 5,256,757,600 issued shares. Following this adjustment, the convertible bonds are now convertible into approximately 501,474,669 shares, representing about 9.5% of the current issued share capital or 8.7% of the enlarged total issued share capital upon full conversion.