>Wynn Resorts to extend due date on $380M in debt

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>Casino operator Wynn Resorts Ltd. says it has agreed to exchange $380 million in debt due 2014 for new notes with higher interest rates due in 2020 through an exchange offer.

The Las Vegas-based company said Friday that it received valid tenders to exchange more than 20 percent of its outstanding $1.7 billion in notes due 2014.

Wynn Resorts says its exchange offer will expire April 23.

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