Philippines’ PH Resorts may tap debt market for casino construction

By Marisa Wong

Morgantown, W.Va., May 24 – PH Resorts Group Holdings, Inc. may consider a debt or equity offering to raise funds for the construction of two casinos, according to Philippine Stock Exchange announcement.

The company said it is still considering funding options and will make further announcements once it finalizes plans and obtains approval from its board of directors.

The gaming and hospitality company is based in Mabalacat, Philippines.

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