Genting indirect units raise fund to repay borrowings


PETALING JAYA: Genting Bhd’s indirect wholly-owned subsidiaries, Resorts World Las Vegas LLC (RWLV) and RWLV Capital Inc (RWLV Capital) have priced their offering of US$350mil (RM1.5bil) of 4.625% senior notes to repay borrowings.

In a filing with Bursa Malaysia yesterday, Genting said the notes, which are due in 2031, are expected to be listed on the Singapore Exchange Securities Trading Ltd.

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