IFLR1000

MGM China Holdings $3 billion refinancing

12/6/2015
Refinancing
Select tab

$ 3 billion

Completed

12/6/2015

Overview:

  • MGM China has undertaken a refinancing and up-sizing of its syndicated term and revolving facilities to $3 billion.
  • This financing was completed with an aim to secure the financial flexibility for the company to invest in MGM Macau and develop its second property, MGM Cotai. 
  • This restructuring was set against the looming uncertainty in the gaming industry in Macau.

Hanna Rae Choi - Researcher 

Jurisdiction:

China

Deal type:

Refinancing

Practice area:

Banking

Industry sector:

Gaming

Firm:
Allen & Overy

Party: MGM China Holdings Ltd (Borrower)

Related deals