Universal Entertainment Corporation $600 million 12% notes issue

24/8/2015
High-yield bond/note issue

$ 600 million

Completed

24/8/2015


Overview:

  • Universal Entertainment Corporation has issued $600 million in secured notes.
  • The 12% notes are due in 2020 and were listed on the Singapore Exchange.
  • Deutsche Securities acted as placement agent.
  • Universal Entertainment is a Japanese entertainment group.
  • The funds raised will be used to finance the development of a resort in Manila in the Philippines.

Sam Duke - Editor

Jurisdictions:

United States
Japan
Singapore

Deal type:

High-yield bond/note issue

Practice area:

Capital markets : Debt

Industry sector:

Entertainment


Firms:

Party: Universal Entertainment Corporation (Issuer)


Party: Deutsche Bank Securities (Placing agent)

Lawyer: Alan Cannon