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Genting Malaysia subsidiary lists US$1b bonds The Edge 2 hrs ago Chong Jin Hun © Provided by The Edge KUALA LUMPUR (April 20): Genting Malaysia Bhd’s wholly-owned subsidiary GENM Capital Labuan Ltd today listed its US$1 billion (about RM4.12 billion) bonds on Singapore Exchange Ltd (SGX) after the casino and hotel operator issued the securities yesterday. GENM Capital Labuan said in statement to SGX yesterday that the bonds, which pay an interest rate 3.882% a year, are due in 2031. More to come

’s wholly-owned subsidiary GENM Capital Labuan Ltd had on April 12 priced its US$1bil (RM4.14bil) 3.882% senior unsecured notes to refinance existing borrowings and raise cash for capital needs. The 10-year notes due in 2031 will be fully guaranteed by Genting Malaysia and are expected to be listed and quoted on the official list of the Singapore Exchange Securities Trading Ltd. Meanwhile, the notes will be listed but not quoted for trading on Bursa Malaysia Securities Bhd under the exempt regime. The company told Bursa Malaysia yesterday that the notes have been sold to qualified instituti...

’s wholly-owned subsidiary GENM Capital Labuan Ltd has priced its offering of US$1 billion to the aggregate principal amount of 3.88 per cent senior unsecured notes that is due 2031. In a filing with Bursa Malaysia today, Genting Malaysia said the notes would be fully and unconditionally guaranteed by the company. "The notes have been offered and sold in the United States (US) only to qualified institutional buyers and to certain non-US persons in offshore transactions outside the US in reliance on Regulation S under the Securities Act,” said Genting Malaysia. It added that the notes were...

KUALA LUMPUR (April 13): Based on corporate announcements and news flow today, companies in focus tomorrow (April 14) may include Top Glove Corp Bhd, Minda Global Bhd, BIMB Holdings Bhd, Genting Malaysia Bhd, UWC Bhd, ConnectCounty Holdings Bhd, Jade Marvel Group Bhd, Malaysia Marine and Heavy Engineering Holdings Bhd. Tan Sri Dr Lim Wee Chai, founder and executive chairman of the world's largest rubber glove producer Top Glove Corp Bhd, has emerged as a minority shareholder of Malaysian private education group Minda Global Bhd. However, Minda did not respond to requests for comment on the ...