By Marisa Wong
Madison, Wis., Feb. 27 - Melco Finance Ltd. priced HK$460 million of 4.15% guaranteed bonds due 2018 at par on Tuesday, according to an announcement by parent and guarantor Melco International Development Ltd.
BOCI Asia Ltd. and Deutsche Bank AG, Hong Kong Branch are the agents.
Proceeds will be used for general working capital and future investment purposes.
Based in Hong Kong, Melco International engages in leisure, gambling and entertainment, technology, and property businesses in Hong Kong, Macau and the Philippines.
Issuer: | Melco Finance Ltd.
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Issue: | Guaranteed bonds
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Guarantor: | Melco International Development Ltd.
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Amount: | HK$460 million
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Maturity: | Five years
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Coupon: | 4.15%
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Price: | Par
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Yield: | 4.15%
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Agents: | BOCI Asia Ltd. and Deutsche Bank AG, Hong Kong Branch
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Pricing date: | Feb. 26
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