SECURITIES AND EXCHANGE COMMISSION
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): March 23, 2004
|(State of Incorporation)||(Commission File Number)||(I.R.S. Employer Identification No.)|
|3600 Las Vegas Boulevard South, Las Vegas, Nevada||89109|
|(Address of Principal Executive Offices)||(Zip Code)|
(Registrants telephone number, including area code)
(Former Name or Former Address, if Changed Since Last Report)
ITEM 5. OTHER EVENTS
On March 23, 2004, MGM MIRAGE, a Delaware corporation (the Company), sold, through a Rule 144A offering, $300 million of its 5.875% Senior Notes due 2014. The notes were sold in the United States only to accredited investors pursuant to an exemption from the Securities Act of 1933, as amended, and subsequently resold to qualified institutional buyers pursuant to Rule 144A under the Securities Act and to non-U.S. persons in accordance with Regulation S under the Securities Act. The notes have not been registered under the Securities Act and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. The Company intends to use the net proceeds of this offering, approximately $294.2 million, excluding accrued interest, to repay a portion of the outstanding borrowings under its $1.5 billion revolving credit facility and for general corporate purposes. This notice does not constitute an offer to sell or the solicitation of an offer to buy the notes.
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: March 24, 2004
|By:||/s/ Bryan Wright
Vice President, Assistant General
Counsel and Assistant Secretary