WYNN MACAU RAISES HK$1.89BN VIA IPO OVER-ALLOTMENT PLAN wsj.com
Wynn Macau Ltd. announced today that it exercised the over-allotment option on its IPO, raising an additional HK$1.89 billion (US$242.3 million). The statement indicated that a further 187.5 million shares were sold via the over-allotment option. The shares were sold at the IPO price of HK$10.08, which represents a 6.5% discount from Friday’s closing price of HK$10.78.