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MGM China completes dual listing of bonds on Macau Exchange

05/19/2021| 12:04:57 PM|

MGM China Holdings Limited says it has become the first integrated resort operator to complete a dual listing of US dollar-denominated senior notes on the Hong Kong Stock Exchange and Macau bond market.

MGM China Holdings Limited says it has become the first integrated resort operator to complete a dual listing of US dollar-denominated senior notes on the Hong Kong Stock Exchange and Macau bond market.

The company revealed Monday that its US$750 million 4.75% Senior Notes due 2027, which were issued on 26 March 2021 and listed on the Hong Kong Stock Exchange five days later, have now been successfully listed on Chongwa (Macao) Financial Asset Exchange Co., Ltd (MOX).

The decision to complete a dual listing, MGM China said, is a reflection of its determination to fulfil its corporate social responsibilities as a leading developer and operator of integrated resort hotels in the Greater China region, and to support the development of Macau financial industry.

“Over the past decade, MGM China has always been committed to creating brand new cultural tourism experiences and diversifying Macau’s economy,” said the company’s President, Chief Strategic & Financial Officer, Kenneth Feng.

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