MGM Resorts completes senior note swap

• MGM Resorts International (NYSE:MGM) announced that it has completed its previously announced issuance of $500M of 4.625% senior notes due in 2026.
• The company says it intends to use the proceeds from the offering to help redeem its 7.625% senior notes due 2017.
• "We are pleased to have achieved the lowest pricing of any long-term note offering in the history of our company," noted CFO Dan D'Arrigo.
• Source: Press Release