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Malaysia's Resorts World to price RM 1.1 billion of two-year convertibles on Friday
By Kenneth Lim
Boston, Sept. 7 - Malaysia's Resorts World Bhd. plans to price RM 1.1 billion of two-year convertible notes.
Pricing is expected Friday after a bookbuilding process.
Commerce International Merchant Bankers, JP Morgan, Deutsche Bank and the Hongkong and Shanghai Banking Corp. are bookrunners of the deal, which is registered in Malaysia.
Resorts World is the Kuala Lumpur, Malaysia-based gaming, hotel and resort operations arm of the Genting group. It said the proceeds of the deal will be used for working capital and possibly investments and acquisitions.
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