{"id":777035724,"date":"2025-12-08T09:16:17","date_gmt":"2025-12-08T12:16:17","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777035724"},"modified":"2026-04-21T16:14:03","modified_gmt":"2026-04-21T19:14:03","slug":"genting-berhad-announces-new-notes-programme","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/genting-berhad-announces-new-notes-programme","title":{"rendered":"Genting Berhad announces new notes programme"},"content":{"rendered":"\n

The group continues with its attempts to buy the remaining shares in Genting Malaysia.<\/p>\n\n\n\n\n\n\n\n

Malaysia.- Genting Berhad has announced the launch of a new MYR5bn (US$1.22bn) medium-term notes programme and issued another MYR1.35bn (US$328m) in notes aimed at refinancing debt and supporting its efforts to take complete control of Genting Malaysia. The move takes it recent fundraising to MYR3bn (US$729m) across four issuances in just a few weeks.<\/p>\n\n\n\n

The MYR1.35bn in notes was issued through Genting RMTN Berhad and the MYR5bn via subsidiary Genting Vista Berhad. In both cases, filings mention that part of the objective is the intended acquisition of remaining Genting Malaysia shares.<\/p>\n\n\n\n

Genting Bhd had made a takeover offer in a bid to delist Genting Malaysia. That closed on December 1 with the parent company having achieved a 73.13 per cent stake, below the 75 per cent threshold, but it has since resumed on-market purchases.<\/p>\n\n\n

\n\t\t\tSee also:<\/span><\/p>\n
\n\t\t\t\t\"\"<\/p>\n

\n\t\t\t\t\tSee also:<\/span> Independent advisors urge Genting Malaysia to reject Genting Bhd\u2019s takeover offer<\/a>\n\t\t\t\t<\/p>\n<\/p>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"

The group continues with its attempts to buy the remaining shares in Genting Malaysia.<\/p>\n","protected":false},"author":680,"featured_media":0,"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 Berhad has initiated a MYR5bn medium-term notes programme and issued MYR1.35bn in notes, primarily to refinance debt and fund its ongoing efforts to acquire the remaining shares of Genting Malaysia. This capital raise follows a prior takeover bid where Genting Berhad secured a 73.13% stake, and it continues on-market purchases to achieve full control.","focusai_entities":"Genting Berhad, Genting Malaysia, Genting RMTN Berhad, Genting Vista Berhad","focusai_location":"Malaysia","focusai_target_profile":"ceo_executive (0.9), operator_casino (0.7), investor_analyst (1.0), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Genting Bhd's Debt Strategy","query":"What are the specific terms, covenants, and expected yield of the new MYR5bn medium-term notes programme, and how will this impact Genting Berhad's overall cost of capital and financial leverage ratios?"},{"label":"Genting Malaysia Delisting","query":"Given the failure to reach the 75% threshold for delisting Genting Malaysia in the initial takeover offer, what is Genting Berhad's revised strategy and projected timeline for achieving full control and potential delisting?"}],"footnotes":""},"categories":[157,16333],"tags":[21298,24657,19394],"class_list":["post-777035724","post","type-post","status-publish","format-standard","hentry","category-business-news","category-south-east-asia-news","tag-finances","tag-genting-berhad","tag-genting-malaysia"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777035724","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\/680"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777035724"}],"version-history":[{"count":5,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777035724\/revisions"}],"predecessor-version":[{"id":777035778,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777035724\/revisions\/777035778"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777035724"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777035724"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777035724"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}