Genting Berhad subsidiaries Resorts World Las Vegas LLC (RWLV) and RWLV Capital Inc. (RWLV Capital) have issued US$1 billion of Senior Notes as part of its financing for under-construction US$4 billion integrated resort, Resorts World Las Vegas. The 4.625% Senior Notes due 2029 are now listed on the Official List of the Singapore Exchange Securities Trading Limited.
RWLV has also closed on a US$1.6 billion senior secured credit facilities, comprising a US$400 million term loan facility which was fully drawn in connection with the closing and a US$1.2 billion revolving credit facility.
Scheduled to open in late 2020 on an 87-acre site at the northern end of the Las Vegas Strip, Resorts World Las Vegas will comprise more than 3,400 hotel rooms across three hotel towers and a gaming floor covering 100,000 square feet. The Chinese-themed resort will also boast a 30,000-square foot lake surrounded by a Chinese garden.
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