It has been issued to part-finance the development of the Resorts World's Las Vegas casino and integrated resort in Nevada.
KUALA LUMPUR: Genting Bhd’s indirect units Resorts World Las Vegas LLC and RWLV Capital Inc today priced their offering of US$1 billion at a 4.625% coupon rate.
In a filing with Bursa Malaysia today, Genting said the 10-year notes, due 2029, had been offered and sold in the United States only to qualified institutional buyers and only to certain non-US persons in offshore transactions outside the US, in reliance on registration requirement exemptions and Regulation S under the US Securities Act of 1933.
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