Noticias de ultima
  • 12.00 Casino bill could be Senate's top priority after winter recess
  • 12.00 iGB L!VE Amsterdam starts today with the latest trends and technologies
  • 12.00 Win Systems will participate in the DigitalEntertainment24 Summit
  • 12.00 MERKUR UK Launches 3 year university partnership to innovate next-generation gaming technologies
  • 12.00 Ukraine takes action against 2,500 illegal gambling sites
  • 12.00 Massachusetts Sportsbooks Claim $42 M In June Revenue
  • 12.00 Atlaslive partners with NextOnPro to enhance payment solutions for iGaming operators
  • 12.00 Ukraine Enacts Lobbying Law to Enhance Transparency and Business Relations
  • 12.00 ZITRO reduces CO2 emissions by 30 tons at Madrid office
  • 12.00 Ohio House Republicans Support iGaming, College Player Prop Betting

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.


Tags: Sin tags

País: Malaysia

Región: Asia


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


Para suscribirse a nuestro newsletter, complete sus datos

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