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Published on 2/27/2013 in the Prospect News Emerging Markets Daily.

New Issue: Hong Kong's Melco sells HK$460 million bonds at par to yield 4.15%

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.
Issue:Guaranteed bonds
Guarantor:Melco International Development Ltd.
Amount:HK$460 million
Maturity:Five years
Coupon:4.15%
Price:Par
Yield:4.15%
Agents:BOCI Asia Ltd. and Deutsche Bank AG, Hong Kong Branch
Pricing date:Feb. 26

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