Philippine unit of Macau-based Melco Crown Resorts Corp. said on Thursday that they will help their resorts and casino group of companies—MCE Leisure Corp.—through $340-million loan from MCE Investments Ltd. in case of failure from issuing senior notes.
In a statement, MCP said that the $340-million loan called “shareholder loan” will act as a reserve in case MCE Leisure’s issued senior notes declined.
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