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Melco’s Studio City stake edges higher

2020-08-03

Melco International Resorts & Entertainment’s holding in the company that owns the Studio City Resort in Macau has edged higher following a recent share transaction.

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Donaco completes entitlement offer, raises $14.4m

2020-07-27

Donaco International said it has raised $14.4 million before costs through an entitlement offer, though investors only took up about a quarter of the available shares.

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Melco backs Studio City’s $500m placement

2020-07-08

Melco Resorts & Entertainment said one of its units will take up all of its entitlement to shares in a $500 million private placement from Studio City International Holdings and will also buy up any remaining shares that are unsubscribed.

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Fitch: Ten-year license “biggest obstacle” to financing

2019-09-19

Fitch Ratings has conducted a tour of Japan and offered a “special report” revising some of its previous estimates about the prospects for the Japan IR market, but it also raised a warning flag over the implications of the IR license renewal system.

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MGM China refinances debt

2019-08-12

MGM China said the company’s lenders have agreed on a revolving credit facility of HK$9.75 billion ($1.24 billion) that will refinance existing senior secured credit facilities and will be used for working capital.

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Navigating Indochina’s investment risk

2019-08-02

Indochina’s casino markets continue to present robust growth, providing significant investment opportunities for operators with a strong appetite for risk, but they are also likely to need deep pockets as established capital markets are wary of these...

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Sands China launches new financing program for local SMEs

2019-07-15

Sands China Ltd. has launched a special financing program for its local SME suppliers, in cooperation with six local banks. The new program is part

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Genting prices notes to finance Resorts World Las Vegas

2019-04-03

Genting Bhd said its wholly owned Resorts World Las Vegas unit had priced an offering of $1 billion senior notes, which will be used to finance the re

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Pagcor privatisation “out of the question,” Lim says

2019-03-21

The privatisation of Philippine Amusement and Gaming Corp. casinos is “out of the question,” as they are providing revenue to fund government prog

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PH Resorts Group Holdings defers share sale for IR plans

2019-03-04

PH Resorts Group, the Udenna Group’s tourism and gaming business, unit said it has deferred plans to raise funds for two new resorts after it became

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The 13 announces further delay to building arm sale

2017-12-18

The 13 Holdings, which is developing a super luxury resort in Macau, said it has extended the deadline again to complete the sale of its construction

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Silver Heritage secures additional bank facilities in Nepal

2017-08-21

Australia-listed Silver Heritage Group has secured additional financing in Nepal to the tune of NPR 510 million (US$5 million). The additional banking

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Donaco refinances loan with Mega International

2017-08-14

Australia-listed Donaco International, which operates casinos in Vietnam and Cambodia, says it has signed an accord with Mega International to refinan

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Sands China launches initiative to support local SMEs

2017-04-06

Sands China has launched a new program to help support local small and medium-sized suppliers, which will include invitational matching sessions for b

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Saipan casino eyes 17Q1 debut despite finance delays

2017-01-25

Imperial Pacific Holdings says its resort on the Pacific Island of Saipan will open in the first quarter of this year, despite concern over funding problems for the proposed $7 billion project. The operator, which is currently working out of a temporary...

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Universal says “significant majority” of Okada construction costs covered

2016-10-06

Universal Entertainment said it has placed $400 million in notes, securing a “significant majority” of the construction costs for its $2.4 billion

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Imperial Pacific meets with ratings agencies on Saipan

2016-05-03

Hong Kong-listed Imperial Pacific reportedly met with officials from ratings agencies Fitch Group, Moody’s and Standard and Poor’s last week, loca

MGM looks to Japanese banks to fund casino

2014-09-10

MGM Resorts International (MGM) is interested in low interest rates in Japan to provide financing for a possible casino development in the country, pr

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