Noticias de ultima
  • 12.00 Emotional tribute to Manuel San Román Benavente at PGS 2024
  • 12.00 MGM RESORTS named partner of the New York Yankees
  • 12.00 Legendary skater and entrepreneur to keynote at SBC Summit
  • 12.00 PAGCOR to ban POGO hubs in latest effort to clean up Philippines offshore gaming industry
  • 12.00 China’s Money Exchange Crackdown Affects Macau Gaming Sector
  • 12.00 GLI Perspectives on Gambling Regulation in Latin America
  • 12.00 Court declares betting house advertising illegal during child protection hours in Chile
  • 12.00 LaunchPad finalists announced for iGB L!VE
  • 12.00 Digitain Introduces Centrivo CRM Platform
  • 12.00 JCM Global Opens New Service Repair Centre in Spain in Collaboration with Iniciativas Murcia
Others

Genting Malaysia has issued $360 M in medium-term notes

Tuesday 11 de June 2024 / 12:00

2 minutos de lectura

(Malaysia).-Over the past fortnight, Genting Malaysia has announced that its wholly-owned subsidiary, Genting Malaysia Capital, will issue new medium-term notes totaling MYR 1.7 billion (US$360 million) under its existing notes programs.

Genting Malaysia has issued $360 M in medium-term notes

Genting Malaysia has announced over the past fortnight that it will issue a total of MYR1.7 billion (US$360 million) new medium-term notes under its existing notes programs, via its wholly-owned subsidiary Genting Malaysia Capital.

Having previously revealed on 31 July that it would issue MYR1.3 billion (US$275 million) new medium-term notes across four tranches of varying of various size, maturity and coupon rates, the company announced Tuesday another MYR400 million (US$85 million) new medium-term notes across two tranches.

The new notes fall under Genting Malaysia’s two existing notes programs, which include an MYR5.0 billion program and an MYR 3.0 billion program. All tranches are “irrevocably and unconditionally” guaranteed by Genting Malaysia Berhad, the company said.

It added, “The proceeds from the issuance of the medium-term notes shall be utilzsed for operating expenses, capital expenditure, investment, refinancing, working capital requirements and/or general funding requirements, including to finance the development and/or redevelopment of the properties and/or resorts of Genting Malaysia and/or its subsidiaries, including those located in Genting Highlands, Pahang, Malaysia.”

Genting Malaysia announced in February that it was  temporarily closing two of the three casinos at Resorts World Genting for renovations, part of ongoing rejuvenation works at its flagship Malaysian resort.

The company recently reported a 22% year-on-year increase in revenues from its leisure and hospitality operations to MYR2.71 billion (US$577 million) in 1Q24.

Categoría:Others

Tags: Sin tags

País: Malaysia

Región: Asia

Event

PGS, Perú Gaming Show 2024

12 de June 2024

Emotional tribute to Manuel San Román Benavente at PGS 2024

(Lima, SoloAzar Exclusive).-During PGS 2024, a moving posthumous tribute was carried out to the engineer Manuel San Román Benavente who died at the age of 74 and was General Director of the Casino of games and slot machines of the Ministry of Foreign Trade and Tourism of the Peru.

Friday 12 Jul 2024 / 12:00

GLI Perspectives on Gambling Regulation in Latin America

(Lima, SoloAzar Exclusive).- In an exclusive interview with SoloAzar, Georges Didier of Gaming Laboratories International (GLI), offers his perspectives on the evolution of gaming regulation in Latin America and the crucial role of GLI in this dynamic landscape.

Friday 12 Jul 2024 / 12:00

Implementation of robust identity verification systems by 2024 expected

(Lima, Exclusive SoloAzar) - During the conference "Knowing your players, AI, and fradue" at the Peru Gaming Show, Samer Atassi, Vicepresident for Latam at Jumio, addressed the growing concern about online gambling security and highlighted the importance of knowing your players to prevent fraud and protect minors.

Thursday 11 Jul 2024 / 12:00

SUSCRIBIRSE

Para suscribirse a nuestro newsletter, complete sus datos

Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.

PODCAST