Macau casino operator SJM Holdings Ltd announced on Thursday that it would raise the equivalent of about US$198.4 million via notes denominated respectively in Hong Kong dollars and Macau’s own currency, the pataca (MOP). The notes will be listed on Macau’s fledgling bond market, the Chongwa (Macao) Financial Asset Exchange Co Ltd, which is also known locally as MOX. According to information on the exchange’s website regarding entities that have used its services, it is the first time any of Macau’s six casino licensees have listed financial instruments on the local exchange. The exercise involves a gross amount of HKD1.25 billion (US$160.9 million) in 3.9-percent senior notes due in May 2026, and MOP300 million (US$37.5 million) in 3.9-percent senior notes, also due in May 2026. SJM Holdings gave the information in a filing to the Hong Kong Stock Exchange.