Genting HK: Completed the raising of its USD denominated 7 yr floating rate term
loan and revolving credit facility of US$600m. The facility is secured against grp’s eight-vessel Asian fleet. Net proceeds from the Facility will be used to pay down existing indebtedness and
for general corporate purposes….
Grp notes that this is an opportune time to undertake such a refinancing exercise given attractive terms and pricing, as well as, to strengthen its key banking relationships within the region. Maybank, Credit Agricole,DnB NOR, RHB Bank, HSBC and OCBC were the lenders.
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