{"id":392,"date":"2025-04-21T09:28:12","date_gmt":"2025-04-21T09:28:12","guid":{"rendered":"http:\/\/www.masteringphsyics.com\/?p=392"},"modified":"2025-04-23T13:04:32","modified_gmt":"2025-04-23T13:04:32","slug":"mgm-china-secures-3bn-revolving-credit-facility-refinancing","status":"publish","type":"post","link":"http:\/\/www.masteringphsyics.com\/index.php\/2025\/04\/21\/mgm-china-secures-3bn-revolving-credit-facility-refinancing\/","title":{"rendered":"MGM China Secures $3bn+ Revolving Credit Facility Refinancing"},"content":{"rendered":"<p>The post <a href=\"https:\/\/www.vegasslotsonline.com\/news\/2025\/04\/21\/mgm-china-secures-3bn-revolving-credit-facility-refinancing\/\">MGM China Secures $3bn+ Revolving Credit Facility Refinancing<\/a> appeared first on <a href=\"https:\/\/www.vegasslotsonline.com\/news\">Vegas Slots Online News<\/a>.<\/p>\n<div style=\"margin-top: 0px;margin-bottom: 0px\" class=\"sharethis-inline-share-buttons\"><\/div>\n<p>An unnamed group of lenders has provided MGM China Holdings with a refinancing deal to the tune of $3.02bn. The company, which operates in the Asian gambling hub of Macau, says it will use the cash for \u201cgeneral corporate purposes.\u201d<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>the contract is void if MGM\u2019s ownership drops below 50%<\/p>\n<\/blockquote>\n<p>MGM China is owned by MGM Resorts International, a US-based company, and the investors supposedly want to keep it that way. A clause in the refinancing deal stipulates that the contract is void if MGM\u2019s ownership drops below 50%.<\/p>\n<p>The deal will come into force on April 22 and will mature in 60 months.<\/p>\n<p>The company had a similar revolving credit facility in August 2019. That one was worth around $1.25bn. It secured a second deal for around $301.7m, increasing that to $402m at a later date. The maturity date for this deal was set for May 2026.<\/p>\n<p>Experts have <a href=\"https:\/\/www.vegasslotsonline.com\/news\/2025\/04\/11\/expert-warns-about-the-impact-of-tariffs-on-macaus-gambling-sector\/\">warned about the potential impact of President Donald Trump\u2019s tariffs<\/a> on the Macau gambling sector. China has hit back with tariffs of its own, and insiders believe this will have an \u201cimpact on the export of integrated tourism services.\u201d<\/p>\n<p>The post <a href=\"https:\/\/www.vegasslotsonline.com\/news\/2025\/04\/21\/mgm-china-secures-3bn-revolving-credit-facility-refinancing\/\">MGM China Secures $3bn+ Revolving Credit Facility Refinancing<\/a> appeared first on <a href=\"https:\/\/www.vegasslotsonline.com\/news\">Vegas Slots Online News<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The post MGM China Secures $3bn+ Revolving Credit Facility Refinancing appeared first on Vegas Slots Online News. An unnamed group of lenders has provided MGM China Holdings with a refinancing deal to the tune of $3.02bn. The company, which operates in the Asian gambling hub of Macau, says it will use the cash for \u201cgeneral [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":324,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17],"tags":[],"class_list":["post-392","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-casino"],"_links":{"self":[{"href":"http:\/\/www.masteringphsyics.com\/index.php\/wp-json\/wp\/v2\/posts\/392","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.masteringphsyics.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.masteringphsyics.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.masteringphsyics.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.masteringphsyics.com\/index.php\/wp-json\/wp\/v2\/comments?post=392"}],"version-history":[{"count":1,"href":"http:\/\/www.masteringphsyics.com\/index.php\/wp-json\/wp\/v2\/posts\/392\/revisions"}],"predecessor-version":[{"id":393,"href":"http:\/\/www.masteringphsyics.com\/index.php\/wp-json\/wp\/v2\/posts\/392\/revisions\/393"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.masteringphsyics.com\/index.php\/wp-json\/wp\/v2\/media\/324"}],"wp:attachment":[{"href":"http:\/\/www.masteringphsyics.com\/index.php\/wp-json\/wp\/v2\/media?parent=392"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.masteringphsyics.com\/index.php\/wp-json\/wp\/v2\/categories?post=392"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.masteringphsyics.com\/index.php\/wp-json\/wp\/v2\/tags?post=392"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}