PETALING JAYA: Genting Malaysia Bhd
’s indirect unit Resorts World Ltd has completed the subscription of US$48mil (RM153.4mil) worth of debt papers issued by casino player MGM Mirage Inc, the company told Bursa Malaysia yesterday.
The convertible senior notes by MGM pays interest semi-annually at a rate of 4.25% a year and will mature on April 15, 2015.
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