Genting Group prices US$1b notes offering to fund Las Vegas Resort
The logo of Genting Malaysia Berhad seen at Genting Highlands in the state of Pahang outside Kuala Lumpur December 17, 2013. — Reuters pic
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 exemption and Regulation S under the US Securities Act of 1933.It said S&P Global Ratings had assigned a preliminary issue rating of BBB+ to the notes while Fitch Ratings Ltd had assigned an expected rating of A-.
The notes have not been registered under the Securities Act or any state or other jurisdiction’s securities laws.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
SAR for missing runner in Gopeng called offGOPENG: The search and rescue (SAR) operation for Mohammad Ashraf Hassan, who went missing while participating in the Gopeng Ultra Trail 2019 here las...
Read more »
AG announces Equanimity sale to Genting for US$126m | Malay MailKUALA LUMPUR, April 3 — The Equanimity, the super yacht once owned by an alleged key mastermind of the 1MDB scandal, has been sold to Genting Malaysia Bhd for US$126 million (RM514 million), the government announced today. “The Government of Malaysia is pleased to announce that the Superyacht...
Read more »
Genting Malaysia confirms Equanimity purchase for RM514.6m | Malay MailKUALA LUMPUR, April 3 — Genting Malaysia Bhd confirmed it is buying the Equanimity superyacht together with bunkers, fuel, lubricants and other existing consumables on board for a total consideration of US$126 million (RM514.6 million). In a filing to Bursa Malaysia, the company said on March 26,...
Read more »
Bring back centralised one agency system, Malay contractor group urges govt | Malay MailJOHOR BARU, April 1 — Malaysian Malay Contractors’ Association (PKMM) president Datuk Mohamed Fadzill Hassan today urged the government to reintroduce a previous system of having all the government’s development projects centralised under one agency for better transparency. He said the...
Read more »
Transgender guitarist strikes a different note in conservative Malaysia | Malay MailKUALA LUMPUR, March 29 — Shika Corona strums her guitar on a Kuala Lumpur stage, the crowd dancing as she launches into a chorus, “Gender doesn’t lie between your thighs!” Shika, 42, is the transgender singer and guitarist of Tingtong Ketz, a Malaysian three-piece band whose upbeat songs...
Read more »
Notes from Nusa Dua | Malay MailMARCH 31 — Indonesian TV can be pretty boring. Spend around one hour watching, and you can pretty much determine which brand has the most money by which advertisement you already want to murder after watching it for the umpteenth time. So when I was there recently, watching a debate between two...
Read more »
Ringgit falls against US dollar following higher US treasury yield | Malay MailKUALA LUMPUR, April 2 — The ringgit declines against the US dollar in the early session today on weaker demand for the local note following a surge in US Treasury yield. At 9.05am, the local unit traded at 4.0820/0870 against the greenback from 4.0790/0820 at yesterday’s closing. A dealer said...
Read more »
Environmental groups urge Perak to gazette Pulau Sembilan as marine park | Malay MailIPOH, April 2 — Environmental groups today reiterated their call for the Perak government to gazette Pulau Sembilan, a cluster of islands off the coast of Bagan Datuk, as a marine park following the recent intrusion by tour operators and tourists. Pertubuhan Pelindung Khazanah Alam Malaysia...
Read more »