Long-Term Debt (Tables)

12 Months Ended

Dec. 31, 2019

Debt Disclosure [Abstract]

Long-Term Debt

Long-term debt consisted of the following (in thousands):

	December 31,
	2019		2018
Macau Related:
Wynn Macau Credit Facilities:
Wynn Macau Term Loan, due 2022 (1)	$	2,302,540	$	2,296,999
Wynn Macau Revolver, due 2022 (2)	350,232		623,921
WML 4 7/8% Senior Notes, due 2024	600,000		600,000
WML 5 1/2% Senior Notes, due 2027	750,000		750,000
WML 5 1/8% Senior Notes, due 2029	1,000,000		—
U.S. and Corporate Related:
WRF Credit Facilities (3):
WRF Term Loan, due 2024	987,500		—
WRF Revolver, due 2024	—		—
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 5 1/8% Senior Notes, due 2029	750,000		—
Retail Term Loan, due 2025 (4)	615,000		615,000
Wynn America Senior Term Loan Facility, due 2021 (5)	—		994,780
Wynn Resorts Term Loan, due 2024 (5)	—		500,000
	10,515,272		9,540,700
Less: Unamortized debt issuance costs and original issue discounts and premium, net	(111,413)		(117,600)
	10,403,859		9,423,100
Less: Current portion of long-term debt	(323,876)		(11,960)
Total long-term debt, net of current portion	$	10,079,983	$	9,411,140

(1) Approximately $1.31 billion and $997.5 million of the Wynn Macau Term Loan bears interest at a rate of LIBOR plus 1.75% per year and HIBOR plus 1.75% per year, respectively. As of December 31, 2019 and 2018, the weighted average interest rate was approximately 3.95% and 4.17%, respectively.

(2) Approximately $199.5 million and $150.7 million of the Wynn Macau Revolver bears interest at a rate of LIBOR plus 1.75% per year and HIBOR plus 1.75% per year, respectively. As of December 31, 2019 and 2018, the weighted average interest rate was approximately 3.92% and 4.17%, respectively. As of December 31, 2019, the available borrowing capacity under the Wynn Macau Revolver was $399.3 million.

(3) The WRF Credit Facilities bear interest at a rate of LIBOR plus 1.75% per year. As of December 31, 2019, the interest rate was 3.55%. Additionally, as of December 31, 2019, the available borrowing capacity under the WRF Revolver was $831.9 million, net of $18.1 million in outstanding letters of credit.

(4) The Retail Term Loan bears interest at a rate of LIBOR plus 1.70% per year. As of December 31, 2019 and 2018, the interest rate was 3.41% and 4.78%, respectively.

(5) The Wynn America Senior Term Loan Facility, and the Wynn Resorts Term Loan were prepaid in full on September 20, 2019, in connection with the Refinancing Transactions, as defined and discussed below.

Scheduled Maturities of Long-Term Debt

Scheduled maturities of long-term debt as of December 31, 2019 were as follows (in thousands):

Years Ending December 31,
2020 (1)	$	323,876
2021	367,511
2022	2,111,385
2023	550,000
2024	1,387,500
Thereafter	5,775,000
	10,515,272
Unamortized debt issuance costs and original issue discounts and premium, net	(111,413)
	$	10,403,859

(1) Includes $150.0 million related to the prepayment of the Wynn Macau Term Loan paid in February 2020. The remaining contractual amortization payments were reduced on a pro rata basis by $150.0 million.