THE M3: FEB GGR; MPEL BOND

03/01/13 07:08AM EST

The Macau Metro Monitor, March 1, 2013

FEBRUARY GGR DICJ

Macau February Gross Gaming Revenues hit MOP 27.084 BN (HKD 26.294 BN, USD 3.39 BN) up 11.5% YoY.

MELCO PLACES HK$460 MILLION IN BONDS Macau Business

Hong Kong-listed Melco International Development Ltd, one of the two main shareholders of MPEL, is placing HK$460 million (US$59.3 million) in bonds.  The five-year notes will pay 4.15% interest annually  The bonds are being issued by Melco International Finance Ltd, a British Virgin Islands company, and fully guaranteed by Melco International Development.  The cash will be used for general working capital and future investment purposes, according to the company.

© 2024 Hedgeye Risk Management, LLC. The information contained herein is the property of Hedgeye, which reserves all rights thereto. Redistribution of any part of this information is prohibited without the express written consent of Hedgeye. Hedgeye is not responsible for any errors in or omissions to this information, or for any consequences that may result from the use of this information.