{"id":16855,"date":"2021-04-14T16:14:11","date_gmt":"2021-04-14T16:14:11","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=16855"},"modified":"2026-04-23T20:22:49","modified_gmt":"2026-04-23T23:22:49","slug":"genting-malaysia-issues-us1-0bn-in-notes-to-refinance-borrowings","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/genting-malaysia-issues-us1-0bn-in-notes-to-refinance-borrowings","title":{"rendered":"Genting Malaysia issues US$1.0bn in notes to refinance borrowings"},"content":{"rendered":"\n<p>Genting Malaysia has issued unsecured notes to refinance existing borrowings and raise cash for capital needs.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Malaysia.-<strong>\u00a0Genting Malaysia Bhd\u00a0<\/strong>has announced it has issued\u00a0<strong>3.882 per cent senior unsecured notes priced at US$1.0bn<\/strong> through Genting Malaysia Capital Labuan Ltd.<\/p>\n\n\n\n<p>According to the filing,\u00a0<strong>the notes are due in 2031 and will be guaranteed by Genting Malaysia itself<\/strong>\u00a0while the company aims to refinance existing borrowings and raise cash for capital needs. <\/p>\n\n\n\n<p>The<strong>\u00a0Central Bank of Malaysia<\/strong>\u00a0has already approved the offering.<\/p>\n\n\n\n<p>Analysts have predicted\u00a0<a rel=\"noreferrer noopener\" target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/genting-malaysia-should-reach-pre-pandemic-level-ebitda-by-2022\">Genting Malaysia is likely to recover from the Covid-19 pandemic \u201cin one or two years\u201d<\/a>\u00a0thanks to maintaining financial discipline and operating flexibility.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Genting Malaysia has issued unsecured notes to refinance existing borrowings and raise cash for capital needs.<\/p>\n","protected":false},"author":176,"featured_media":16856,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Genting Malaysia Bhd, through its subsidiary Genting Malaysia Capital Labuan Ltd, has successfully issued US$1.0bn in 3.882% senior unsecured notes due 2031. This strategic debt issuance is primarily aimed at refinancing existing borrowings and bolstering the company's capital reserves for future operational and developmental needs, with the offering receiving approval from the Central Bank of Malaysia.","focusai_entities":"Genting Malaysia Bhd, Genting Malaysia Capital Labuan Ltd, Central Bank of Malaysia","focusai_location":"Malaysia","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), operator_casino (0.9), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Impact on Debt Ratios?","query":"What is the projected impact of this refinancing on Genting Malaysia's net debt position, weighted average cost of capital, and overall financial leverage ratios?"},{"label":"Capital Allocation Strategy?","query":"How will the proceeds from this unsecured notes issuance be strategically deployed across Genting Malaysia's core gaming verticals and integrated resort assets, particularly concerning planned capital expenditure or potential M&A activities?"}],"footnotes":""},"categories":[163,16333],"tags":[19394],"class_list":["post-16855","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance-news","category-south-east-asia-news","tag-genting-malaysia"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/16855","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=16855"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/16855\/revisions"}],"predecessor-version":[{"id":16878,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/16855\/revisions\/16878"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/16856"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=16855"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=16855"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=16855"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}