Genting Singapore to call S$2.3 billion of 5 1/8% perpetuals

By Susanna Moon

Chicago, May 12 – Genting Singapore plc plans to redeem its S$1.8 billion 5 1/8% perpetual subordinated capital securities and its S$500 million 5 1/8% perpetual subordinated capital securities on their next respective call dates.

The notes will be called at par plus accrued distributions on Sept. 12 for S$1.8 billion of the perpetuals and Oct. 18 for the S$500 million of perpetuals, according to a company announcement.

Genting is a Singapore-based gaming resorts operator incorporated in the Isle of Man and is a subsidiary of Genting Bhd., a Kuala Lumpur-based investment holding and management company.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.