{"id":17942,"date":"2021-05-17T14:12:02","date_gmt":"2021-05-17T14:12:02","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=17942"},"modified":"2026-04-23T19:30:04","modified_gmt":"2026-04-23T22:30:04","slug":"mgm-china-lists-us750m-in-senior-notes","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/mgm-china-lists-us750m-in-senior-notes","title":{"rendered":"MGM China lists US$750m in senior notes"},"content":{"rendered":"\n<p>MGM China has announced it has listed US$750m in senior notes on the Stock Exchange of Hong Kong and the Chongwa (Macao) Financial Asset Exchange Co.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Macau.-&nbsp;<a rel=\"noreferrer noopener\" target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/mgm-china-sells-us750m-in-notes-to-pay-down-debt\">MGM China<\/a>&nbsp;has reported that its offering of 4.75 per cent <strong>senior&nbsp;notes worth US$750m&nbsp;<\/strong>due February 1, 2027, has been listed on the Hong Kong Stock Exchange and the Chongwa (Macao) Financial Asset Exchange Co (MOX).<\/p>\n\n\n\n<p>Kenneth Feng, MGM China president and chief strategic and financial officer, said the Macau listing<strong> represents a key step<\/strong>&nbsp;to promote Macau&#8217;s economic diversification.<\/p>\n\n\n\n<p>A week earlier, SJM Holdings also issued senior notes&nbsp;to <strong>refinance syndicated credit facilities<\/strong>.<\/p>\n\n\n\n<p>In April,&nbsp;MGM China&nbsp;reported revenue of HKD2.30bn (US$296.4m) for the first quarter of 2021, an increase of&nbsp;<strong>8.8 per cent <\/strong>year-on-year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MGM China has announced it has listed US$750m in senior notes on the Stock Exchange of Hong Kong and the Chongwa (Macao) Financial Asset Exchange Co.<\/p>\n","protected":false},"author":176,"featured_media":17968,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"MGM China has successfully listed US$750 million in 4.75% senior notes due February 1, 2027, on both the Stock Exchange of Hong Kong and the Chongwa (Macao) Financial Asset Exchange Co. This capital markets activity, following a similar move by SJM Holdings, is positioned by MGM China as a strategic step towards Macau's economic diversification and supports its operational financing, evidenced by its Q1 2021 revenue of HKD2.30 billion.","focusai_entities":"MGM China, Stock Exchange of Hong Kong, Chongwa (Macao) Financial Asset Exchange Co, Kenneth Feng, SJM Holdings","focusai_location":"Hong Kong, Macau","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":"Macau Debt Market Impact","query":"What are the implications of MGM China's and SJM Holdings' recent senior note issuances for the broader debt financing landscape and cost of capital for other Macau-based gaming concessionaires?"},{"label":"Diversification Strategy Alignment","query":"How does this specific debt issuance align with MGM China's long-term capital allocation strategy, particularly in the context of Macau's stated economic diversification objectives?"}],"footnotes":""},"categories":[16338,163],"tags":[23906,1618],"class_list":["post-17942","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-east-asia-news","category-finance-news","tag-macau-casinos","tag-mgm-china"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/17942","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=17942"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/17942\/revisions"}],"predecessor-version":[{"id":17969,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/17942\/revisions\/17969"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/17968"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=17942"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=17942"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=17942"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}