THE M3: MGM LOAN; TPI

The Macau Metro Monitor, October 16, 2012


MGM PLANS LOAN INCREASE: REPORT Macau Business

According to the International Finance Review Asia, MGM China is trying to increase a five-year syndicated loan for MGM Macau to US$2 billion (MOP16 billion) from US$1.5 billion.  MGM is hoping to finalize the deal later in October. 

TOURIST PRICE INDEX FOR THE 3RD QUARTER 2012 DSEC

Macau Tourist Price Index (TPI) for the third quarter of 2012 increased by 3.36% YoY to 120.54, attributable to rising charges for restaurant services and rising prices of clothing.  The Price Index of Accommodation decreased by 3.52% YoY.