Cambodia’s NagaCorp plans notes offering, to begin roadshow Wednesday

By Marisa Wong

Morgantown, W.Va., April 30 – NagaCorp Ltd. announced it plans to conduct an international offering of notes (B) to institutional investors in Asia, Europe and the United States and will begin a series of roadshow presentations on or around May 2.

Credit Suisse and Morgan Stanley are the joint global coordinators, joint bookrunners and joint lead managers for the Regulation S offering.

The company intends to use the proceeds from the new notes to promote gaming business growth, particularly in its VIP gaming segment, and to refurbish hotel rooms in the Naga1 casino and hotel resort.

The hotel, gaming and leisure operator is based in Phnom Penh, Cambodia, with offices in Hong Kong.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.