Genting perpetual

Genting smashes records with S$1.8 billion perpetual

In one fell swoop, Genting raises S$1.8 billion, making it the biggest single-tranche Singapore dollar bond.
<div style="text-align: left;"> Equarius Hotel, the latest addition to Genting's Resort World Sentosa </div>
<div style="text-align: left;"> Equarius Hotel, the latest addition to Genting's Resort World Sentosa </div>
March 02, 2012

Gaming company Genting Singapore priced a mammoth S$1.8 billion ($1.4 billion) perpetual on Thursday evening, the biggest Singapore dollar-denominated bond to be sold in a single tranche. The deal attracted a S$6 billion order book and offshore investor participation of 42% — said to be the largest for a Singapore dollar bond.

¬ Haymarket Media Limited. All rights reserved.

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