Macau casino operator SJM Holdings Ltd plans to raise fresh cash via senior notes denominated in the city’s own currency the pataca (MOP), as well as in Hong Kong dollars, and to list the notes on Macau’s fledgling bond market, the Chongwa (Macao) Financial Asset Exchange Co Ltd. It gave the information in a Wednesday filing to the Hong Kong Stock Exchange, where the group has its public stock listing. Macau – encouraged by China’s central government – has pledged to diversify its economy beyond tourism and casino gambling, including the creation of a market for financial services. SJM Holdings has said it plans to open a first phase of its HKD39-billion (US$5-billion) new Cotai gaming resort, Grand Lisboa Palace, before the end of June.