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Hong Kong's Melco Crown opts to early redeem RMB 2.3 billion 3¾% bonds
By Marisa Wong
Madison, Wis., Feb. 8 - Melco Crown Entertainment Ltd. gave notice of an early redemption of its RMB 2.3 billion 3¾% bonds due May 9, 2013.
Melco Crown said it will redeem the bonds in full on March 11. The redemption price will be par plus accrued interest to but excluding the redemption date.
The owner and developer of casino gaming and entertainment resort facilities is based in Hong Kong.
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