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Cambodia’s NagaCorp buys back $1.2 million more 7.95% senior notes
By Mary-Katherine Stinson
Lexington, Ky., Sept. 30 – NagaCorp Ltd. continues to repurchase its 7.95% senior notes (ISIN: XS2197693265) due July 6, 2024, according to a notice.
The company repurchased $1.2 million more of the notes in open-market purchases between Sept. 28 and Sept. 30.
The latest buyback represents 0.22% of the original $550 million issue.
The board expects to cancel the repurchased notes and they will no longer be outstanding.
Together with the other previous transactions, 0.89% of the original issue has now been repurchased.
The hotel, gaming and leisure operator is based in Phnom Penh, Cambodia, with offices in Hong Kong.
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