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Hong Kong’s Imperial Pacific to offer dollar-denominated senior notes
By Marisa Wong
Morgantown, W.Va., Sept. 13 – Imperial Pacific International Holdings Ltd. said its wholly owned subsidiary, Imperial Pacific International (CNMI), LLC, is proposing to conduct an international offering of dollar-denominated senior secured notes.
Pricing will be determined through a book-building exercise to be conducted by Credit Suisse, SC Lowy and Jefferies as the joint global coordinators, joint bookrunners and joint lead managers for the Regulation S deal.
The company intends to use the proceeds to finance its development of the Grand Mariana Hotel and Casino in Garapan, Saipan.
Imperial Pacific is a Hong Kong-based investment holding company.
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