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Resorts World Sentosa seeks S$2.25b of bank loans

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GENTING Singapore's Resorts World Sentosa plans to raise S$2.25 billion of bank loans, Bloomberg reported, citing sources familiar with the deal.

GENTING Singapore's Resorts World Sentosa plans to raise S$2.25 billion of bank loans, Bloomberg reported, citing sources familiar with the deal.

The five-year syndicated deal will be split into a S$1.75 billion amortising term loan, a S$500 million revolving facility, and a S$20 million bank guarantee facility.

Proceeds will be used for refinancing and general corporate purposes.

Bank of Tokyo-Mitsubishi UFJ, DBS Bank, HSBC Bank, OCBC Bank and Sumitomo Mitsui Banking Corp are the lead arrangers and bookrunners for the deal. The roadshow will take place on March 5.

sentifi.com

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