{"id":100527,"date":"2025-02-10T00:00:00","date_gmt":"2025-02-10T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/uae-banks-lead-usd-2-4-bn-financing-for-wynn-al-marjan-island\/"},"modified":"2025-02-10T00:00:00","modified_gmt":"2025-02-10T00:00:00","slug":"uae-banks-lead-usd-2-4-bn-financing-for-wynn-al-marjan-island","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2025\/02\/10\/uae-banks-lead-usd-2-4-bn-financing-for-wynn-al-marjan-island\/","title":{"rendered":"UAE banks lead USD 2.4 bn financing for Wynn Al Marjan Island"},"content":{"rendered":"

Wynn <\/strong>Resorts secures USD 2.4 bn loan for Wynn Al Marjan Island<\/strong>: Wynn Resorts obtained a USD 2.4 bn construction loan from a global syndicate of regional and international lenders to finance Wynn Al Marjan Island, the first integrated resort in the UAE, set to open in 2027, according to press release<\/a>. The loan marks the largest hospitality financing transaction in the UAE\u2019s history, according to the statement. <\/p>\n

Details: <\/strong>The seven-year loan, structured as a delayed draw facility, provided to Wynn Al Marjan Island\u2014a subsidiary of the 40%-owned joint venture\u2014is denominated in both AED and USD.<\/p>\n

Who\u2019s in? <\/strong>Abu Dhabi Commercial Bank (ADCB) and Deutsche Bank acted as joint coordinators, while First Abu Dhabi Bank (FAB), Emirates NBD Capital, and The National Bank of Ras Al Khaimah served as initial mandated lead arrangers, bookrunners, and underwriters. Sumitomo Mitsui Banking Corporation (SMBC DIFC Branch, Dubai) joined as lead arranger, with FAB also acting as agent and security agent for lenders.<\/p>\n

Remember:<\/strong> As of 2Q 2024, Wynn Resorts had invested USD 514.4 mn<\/a> in its USD 3.9 bn gaming resort on Marjan Island, including USD 356.5 mn in land acquisitions and project development. The 155-acre site represents nearly a quarter of the island, with 70 acres earmarked for future expansion. CEO Craig Billings previously indicated that debt financing was expected to be finalized by year-end 2024.<\/p>\n","protected":false},"excerpt":{"rendered":"

Wynn Resorts secures USD 2.4 bn loan for Wynn Al Marjan Island: Wynn Resorts obtained a USD 2.4 bn construction loan from a global syndicate of regional and international lenders to finance Wynn Al Marjan Island, the first integrated resort in the UAE, set to open in 2027, according to press release. The loan marks […]<\/p>\n","protected":false},"author":1,"featured_media":100528,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1546],"tags":[215,68,260,7,1774,1782],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-100527","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-debt-watch","tag-abu-dhabi-commercial-bank","tag-debt-watch","tag-emirates-nbd","tag-enterpriseam-uae","tag-national-bank-of-ras-al-khaimah","tag-wynn-resorts","wpautop","entry"],"acf":{"mongo_id":"1155f149-365a-4735-9eab-685603cb3e48","order":"4","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/11\/2261.jpg","photo_position":"above","homepage_title":"","full_issue_title":"UAE banks lead USD 2.4 bn financing for Wynn Al Marjan Island","related_issue":[100520],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/2\/.76e4cc63-5c8b-4b88-9ef1-980d5d8bc240.mp3"},"yoast_head":"\nUAE banks lead USD 2.4 bn financing for Wynn Al Marjan Island - UAE<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/10\/uae-banks-lead-usd-2-4-bn-financing-for-wynn-al-marjan-island\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"UAE banks lead USD 2.4 bn financing for Wynn Al Marjan Island\" \/>\n<meta property=\"og:description\" content=\"Wynn Resorts secures USD 2.4 bn loan for Wynn Al Marjan Island: Wynn Resorts obtained a USD 2.4 bn construction loan from a global syndicate of regional and international lenders to finance Wynn Al Marjan Island, the first integrated resort in the UAE, set to open in 2027, according to press release. The loan marks […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/10\/uae-banks-lead-usd-2-4-bn-financing-for-wynn-al-marjan-island\/\" \/>\n<meta property=\"og:site_name\" content=\"UAE\" \/>\n<meta property=\"article:published_time\" content=\"2025-02-10T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/2261.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/02\/10\/uae-banks-lead-usd-2-4-bn-financing-for-wynn-al-marjan-island\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/02\/10\/uae-banks-lead-usd-2-4-bn-financing-for-wynn-al-marjan-island\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"UAE banks lead USD 2.4 bn financing for Wynn Al Marjan Island\",\"datePublished\":\"2025-02-10T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/02\/10\/uae-banks-lead-usd-2-4-bn-financing-for-wynn-al-marjan-island\/\"},\"wordCount\":230,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/02\/10\/uae-banks-lead-usd-2-4-bn-financing-for-wynn-al-marjan-island\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/2261.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Abu Dhabi Commercial Bank\",\"DEBT WATCH\",\"Emirates NBD\",\"EnterpriseAM UAE\",\"National Bank of Ras Al Khaimah\",\"Wynn Resorts\"],\"articleSection\":[\"DEBT WATCH\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/02\/10\/uae-banks-lead-usd-2-4-bn-financing-for-wynn-al-marjan-island\/\",\"url\":\"https:\/\/enterpriseam.com\/uae\/2025\/02\/10\/uae-banks-lead-usd-2-4-bn-financing-for-wynn-al-marjan-island\/\",\"name\":\"UAE banks lead USD 2.4 bn financing for Wynn Al Marjan Island - UAE\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/02\/10\/uae-banks-lead-usd-2-4-bn-financing-for-wynn-al-marjan-island\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/02\/10\/uae-banks-lead-usd-2-4-bn-financing-for-wynn-al-marjan-island\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/2261.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2025-02-10T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/02\/10\/uae-banks-lead-usd-2-4-bn-financing-for-wynn-al-marjan-island\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/uae\/2025\/02\/10\/uae-banks-lead-usd-2-4-bn-financing-for-wynn-al-marjan-island\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/02\/10\/uae-banks-lead-usd-2-4-bn-financing-for-wynn-al-marjan-island\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/2261.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/2261.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/02\/10\/uae-banks-lead-usd-2-4-bn-financing-for-wynn-al-marjan-island\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/uae\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"UAE banks lead USD 2.4 bn financing for Wynn Al Marjan Island\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#website\",\"url\":\"https:\/\/enterpriseam.com\/uae\/\",\"name\":\"UAE\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/uae\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\",\"name\":\"UAE\",\"url\":\"https:\/\/enterpriseam.com\/uae\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/42998.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/42998.svg\",\"caption\":\"UAE\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/uae\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"UAE banks lead USD 2.4 bn financing for Wynn Al Marjan Island - UAE","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/uae\/2025\/02\/10\/uae-banks-lead-usd-2-4-bn-financing-for-wynn-al-marjan-island\/","og_locale":"en_US","og_type":"article","og_title":"UAE banks lead USD 2.4 bn financing for Wynn Al Marjan Island","og_description":"Wynn Resorts secures USD 2.4 bn loan for Wynn Al Marjan Island: Wynn Resorts obtained a USD 2.4 bn construction loan from a global syndicate of regional and international lenders to finance Wynn Al Marjan Island, the first integrated resort in the UAE, set to open in 2027, according to press release. The loan marks […]","og_url":"https:\/\/enterpriseam.com\/uae\/2025\/02\/10\/uae-banks-lead-usd-2-4-bn-financing-for-wynn-al-marjan-island\/","og_site_name":"UAE","article_published_time":"2025-02-10T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2024\/11\/2261.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/uae\/2025\/02\/10\/uae-banks-lead-usd-2-4-bn-financing-for-wynn-al-marjan-island\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/uae\/2025\/02\/10\/uae-banks-lead-usd-2-4-bn-financing-for-wynn-al-marjan-island\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"UAE banks lead USD 2.4 bn financing for Wynn Al Marjan Island","datePublished":"2025-02-10T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/uae\/2025\/02\/10\/uae-banks-lead-usd-2-4-bn-financing-for-wynn-al-marjan-island\/"},"wordCount":230,"publisher":{"@id":"https:\/\/enterpriseam.com\/uae\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/uae\/2025\/02\/10\/uae-banks-lead-usd-2-4-bn-financing-for-wynn-al-marjan-island\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/11\/2261.jpg?fit=%2C&ssl=1","keywords":["Abu Dhabi Commercial Bank","DEBT WATCH","Emirates NBD","EnterpriseAM UAE","National Bank of Ras Al Khaimah","Wynn Resorts"],"articleSection":["DEBT WATCH"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/uae\/2025\/02\/10\/uae-banks-lead-usd-2-4-bn-financing-for-wynn-al-marjan-island\/","url":"https:\/\/enterpriseam.com\/uae\/2025\/02\/10\/uae-banks-lead-usd-2-4-bn-financing-for-wynn-al-marjan-island\/","name":"UAE banks lead USD 2.4 bn financing for Wynn Al Marjan Island - UAE","isPartOf":{"@id":"https:\/\/enterpriseam.com\/uae\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/uae\/2025\/02\/10\/uae-banks-lead-usd-2-4-bn-financing-for-wynn-al-marjan-island\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/uae\/2025\/02\/10\/uae-banks-lead-usd-2-4-bn-financing-for-wynn-al-marjan-island\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/11\/2261.jpg?fit=%2C&ssl=1","datePublished":"2025-02-10T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/uae\/2025\/02\/10\/uae-banks-lead-usd-2-4-bn-financing-for-wynn-al-marjan-island\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/uae\/2025\/02\/10\/uae-banks-lead-usd-2-4-bn-financing-for-wynn-al-marjan-island\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/uae\/2025\/02\/10\/uae-banks-lead-usd-2-4-bn-financing-for-wynn-al-marjan-island\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2024\/11\/2261.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/11\/2261.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/uae\/2025\/02\/10\/uae-banks-lead-usd-2-4-bn-financing-for-wynn-al-marjan-island\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/uae\/"},{"@type":"ListItem","position":2,"name":"UAE banks lead USD 2.4 bn financing for Wynn Al Marjan Island"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/uae\/#website","url":"https:\/\/enterpriseam.com\/uae\/","name":"UAE","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/uae\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/uae\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/uae\/#organization","name":"UAE","url":"https:\/\/enterpriseam.com\/uae\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/42998.svg","contentUrl":"https:\/\/ent.news\/internal\/42998.svg","caption":"UAE"},"image":{"@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/uae\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2024\/11\/2261.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2024\/11\/2261.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/uae\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2024\/11\/2261.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/posts\/100527","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/comments?post=100527"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/posts\/100527\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/issue\/100520"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/media\/100528"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/media?parent=100527"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/categories?post=100527"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/tags?post=100527"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/brand?post=100527"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=100527"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}