SJM Unit Proposes US-Dollar Bond Issue

MT Newswires Live

01/05

SJM (HKG:0880) unit SJM International is proposing to issue US-dollar-denominated senior bonds to non-US investors outside the US, according to a Monday Hong Kong bourse filing.

The casino and hotel operator intends to use proceeds to refinance its existing indebtedness and for general corporate purposes.

Additionally, on Monday, Champion Path, another unit of the company, commenced an offer to purchase any outstanding 4.5% senior bonds due in 2026.

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