Genting Malaysia units price notes

Genting Malaysia said S&P Global Ratings and Fitch Ratings, Ltd have assigned ratings of BB (stable) and BBB- to the notes, respectively.

KUALA LUMPUR: Genting Malaysia Bhd’s indirect wholly-owned subsidiaries, Genting New York LLC (GENNY) and GENNY Capital Inc, have priced their offering of US$525mil in aggregate principal amount of 7.250% senior unsecured notes due 2029.

In a filing with Bursa Malaysia, it said S&P Global Ratings and Fitch Ratings, Ltd have assigned ratings of BB+ (stable) and BBB- to the notes, respectively.