Price Talk Emerges On Macau Galaxy Casino 2-Part USD Bond
Price talk on the US$500 million two-tranche bond from Macau’s Galaxy Casino is for a yield in the 10% area for the seven-year fixed-rate bond, not callable for the first four years, and around 500 basis points over the London interbank offered rate
Related Gambling News:
- Galaxy Casino Price Talk Emerges
- Galaxy Casino Sells $600M Bond To Finance Macau Expansion
- Macau casino firm Galaxy proposes bond yield -sources
- Macau Galaxy Casino Loses Market Share
- Galaxy Net Loss Widens on Casino License Writedown
- Galaxy Entertainment slumps amid visa restrictions
- Galaxy Casino Chooses KISS Management System
- Macau casino firm says plans up to $500 mln bond
- Permira to buy Macau casino stake
- Macau casino firm to market bond from Wed-source
- Macau casino firm to market bond from Wed-sources
- Harrah’s in talks to buy Macau casino firm stake
Do you know that:
- Charles Fey invented the first slot machine way back in 1895. He went on to perfect his initial innovation in 1907, when he teamed with Mills Novelty Company who manufactured the "Mills Liberty Bell".
- French mathematicians Pierre de Fermat and Blaise Pascal explored the mathematics of gambling, leading to the formulation of Pascal's theory of probability in 1654.
- 1946: Two famous landmarks open: Bugsy Siegel's Flamingo, and the Golden Nugget. Nevada levies its first gaming tax.
1949: Benny Binion sets up a high-stakes poker game at his Horseshoe casino between Nick "The Greek" Dandalos and Johnny Moss. It turns into an epic five-month poker match, laying the foundations for the World Series of Poker. - When playing blackjack, always split Aces and never split 4's, 5's or Tens. You would be surprised at how many players split Tens. Why risk getting a lower hand when you already have a twenty value? Also note that at most casinos, you are not allowed to re-split Aces.
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