DOW JONES NEWSWIRES

MGM Mirage (MGM) will be buying back $884.9 million in senior notes maturing later this year as the results of its $1.05 billion tender offer matched the levels at the early-tender deadline two weeks ago.

Since then, another $2.3 million of notes were tendered. Those not meeting the early-tender deadline will get $30 less per $1,000 of notes.

The company will repurchase 54% of the $226.3 million of outstanding notes maturing July 31 and 93% of $820 million in notes due Oct. 1. The purchases will be settled no later than Thursday.

The highly leveraged casino operator is pushing to pay off near-term debt, recently selling $1.5 billion in notes and $1.15 billion in stock to help do so.

Shares were flat at $7.04 in recent trade; the stock is down 49% this year.

-By Joan E. Solsman, Dow Jones Newswires; 201-938-5500; joan.solsman@dowjones.com