Wynn Resorts, Limited completed a $2.4 billion debt financing for the construction of Wynn Al Marjan Island in the United Arab Emirates.
Feb 06, 2025•5 months ago
Amount Raised
$2.4 Billion
Investors
Sumitomo Mitsui Banking Corporation Difc BranchThe National Bank Of Ras Al KhaimahEmirates Nbd Capital LimitedFirst Abu Dhabi Bank PjscDeutsche Bank AgAbu Dhabi Commercial Bank Pjsc
Description
Wynn Al Marjan Island secured a $2.4 billion construction facility to finance the development of the first integrated resort in the UAE. The facility was arranged by a global syndicate of lenders, including Abu Dhabi Commercial Bank and Deutsche Bank.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers