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Genting Malaysia prices US$1 billion senior notes 196 VIEWS Genting Malaysia has priced an offering of US$1 billion aggregate principal amount 3.882% senior unsecured notes due 2031. The notes, to be fully and unconditionally guaranteed by Genting Malaysia, will be issued by wholly-owned subsidiary GENM Capital Labuan Limited with the company having previously stated its intention to use the notes to repay debt and for current capital requirements. Genting Malaysia said via an announcement this week that the notes have been offered and sold in the United States and only to qualified institutional buyers. Issuance of the notes comes after Genting Malaysia reported a net loss of MYR2.36 billion (US$571 million) in 2020 on a 56% decline in revenue to MYR4.53 billion (US$1.1 billion), impacted by the COVID-19 pandemic. ....