{"id":777040821,"date":"2026-04-21T11:49:56","date_gmt":"2026-04-21T14:49:56","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777040821"},"modified":"2026-04-21T13:01:45","modified_gmt":"2026-04-21T16:01:45","slug":"genting-berhad-launches-conditional-buyback-for-1-5bn-2027-notes","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/genting-berhad-launches-conditional-buyback-for-1-5bn-2027-notes","title":{"rendered":"Genting Berhad launches conditional buyback offer for 2027 notes"},"content":{"rendered":"\n<p>The offer is set to close on April 24.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Malaysia.- The casino operator <strong>Genting Berhad<\/strong> has initiated a conditional tender offer for its full <strong>US$1.5bn 4.25 per cent<\/strong> guaranteed notes maturing in 2027 through its indirect wholly owned subsidiary, GOHL Capital Limited. The offer allows eligible bondholders to sell their holdings for cash at a par value of <strong>US$1,000 for every US$1,000<\/strong> in principal, together with accrued interest. <\/p>\n\n\n\n<p>Any notes successfully repurchased will be cancelled. If fully executed, the exercise could help reduce near-term debt pressure and support a more staggered repayment schedule.<\/p>\n\n\n\n<p> The offer is set to close on April 24, 2026, at 4.00pm London time. The group is expected to announce the outcome on or around April 30, while settlement is scheduled for May 4, subject to completion of the related refinancing conditions.<\/p>\n\n\n\n<p>In a filing to <strong>Bursa Malaysia Securities Berhad<\/strong>, Genting stated that the transaction is conditional upon the successful completion of a refinancing exercise aimed at extending the group\u2019s overall debt maturity profile. The group noted that the maximum amount of notes to be repurchased will be determined by GOHL Capital at its sole discretion.<\/p>\n\n\n\n<p><\/p>\n\n\n<div id=\"see-also-container\">\n\t\t\t<span class=\"see-also-label\">See also:<\/span><\/p>\n<div class=\"related-article\">\n\t\t\t\t<img decoding=\"async\" class=\"related-article__thumbnail\" src=\"https:\/\/focusgn.com\/asia-pacific\/wp-content\/uploads\/sites\/5\/2021\/05\/Genting-Malaysia-300x200.jpg\" alt=\"\"><\/p>\n<p class=\"related-article__text\">\n\t\t\t\t\t<span class=\"see-also-label-strong\">See also:<\/span> <a href='https:\/\/focusgn.com\/asia-pacific\/genting-malaysia-returns-to-profit'>Genting Malaysia returns to profit<\/a>\n\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"<p>The offer is set to close on April 24.<\/p>\n","protected":false},"author":2395,"featured_media":10185,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"","focusai_entities":"","focusai_location":"","focusai_target_profile":"","focusai_suggestions":[],"footnotes":""},"categories":[163,16333],"tags":[24619,24145,226],"class_list":["post-777040821","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance-news","category-south-east-asia-news","tag-finance","tag-genting-group","tag-malaysia"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777040821","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\/2395"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777040821"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777040821\/revisions"}],"predecessor-version":[{"id":777040826,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777040821\/revisions\/777040826"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/10185"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777040821"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777040821"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777040821"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}