Genting Singapore's RWS secures S$2.27b facilities

Singapore

GENTING Singapore's wholly owned Resorts World at Sentosa (RWS) has secured S$2.27 billion credit facilities to refinance facilities of S$4.1925 billion obtained in 2011.

The syndicated senior secured credit facilities will enable RWS to extend the tenure of its existing facilities to 2020 and offer the firm better repayments terms, said Genting Singapore in an announcement. This in turn will enhance Genting Singapore's balance sheet strength and financial flexibility.