Place your bets: MGM Grand Macau seeks finance

Macau''s fifth casino concessionaire becomes the fourth to seek international capital. Project finance imminent; a listing in Hong an eventuality.
June 01, 2005

On the sidelines of the groundbreaking ceremony of the new MGM Grand Macau casino complex in Macau yesterday (June 1), the 50/50 sponsors, Pansy Ho and Terry Lanni, CEO of MGM Mirage, confirmed that they are speaking to banks to secure a project finance facility. A decision on the arrangers of the facility will be made this month.

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