Melco Crown (Philippines) Resorts Corp. is set to raise up to P15 billion from the issuance of debt notes, a transaction seen to provide the company enough financing for its capital expenditure program and debt financing.
In a disclosure to the Philippine Stock Exchange, Melco Crown Philippines announced on Friday that its wholly owned indirect subsidiary, MCE Leisure (Philippines) Corp., has priced its senior notes that were eventually offered to limited investors via private placement within the Philippines.
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