(Bloomberg) -- Lai Sun Development Co., a Hong Kong
real estate developer, and its media unit hired Deutsche Bank AG
and Morgan Stanley to arrange $1.7 billion in loans for a casino
project in Macau.
The loans will be used to fund development and construction
of the hotel, retail and entertainment portions of Macao Studio
City, a 3.65 million square-foot project, Lai Sun and ESun
Holdings Ltd. said in a joint statement to Hong Kong's stock
exchange today. The site is located in Macau's Cotai district,
the companies said.
Read more at Bloomberg Emerging Markets News
real estate developer, and its media unit hired Deutsche Bank AG
and Morgan Stanley to arrange $1.7 billion in loans for a casino
project in Macau.
The loans will be used to fund development and construction
of the hotel, retail and entertainment portions of Macao Studio
City, a 3.65 million square-foot project, Lai Sun and ESun
Holdings Ltd. said in a joint statement to Hong Kong's stock
exchange today. The site is located in Macau's Cotai district,
the companies said.
Read more at Bloomberg Emerging Markets News
No comments:
Post a Comment