MGM Resorts International Subsidiary MGM China Holdings Limited Completes Amendment And Extension Of Credit Facility
PR Newswire - Fri Jun 12, 7:30AM CDT
MGM Resorts International (NYSE: MGM) today announced that MGM China Holdings Limited, a 51%-owned subsidiary, has completed its previously announced refinancing transaction of its Hong Kong Dollar denominated senior credit facilities agreement. The amended and restated credit agreement is comprised of a US$1.55 billion equivalent term loan, an increase from the previous $550 million term loan, and US$1.45 billion equivalent revolving credit facility. The amended and restated credit agreement extends the term of the original facilities for an eighteen month period ending April 29, 2019.
MGM: 18.15 (+0.31)
Market Movers - Real Estate Management and Development Stocks -- E-House China Holdings, Realogy Holdings, CBRE, Forest City Enterprises, and Altisource Portfolio Solutions
PR Newswire - Thu Apr 09, 7:30AM CDT
Editor Note: For more information about this release, please scroll to bottom.
CBG: 37.60 (+0.40), ASPS: 28.07 (-0.51), FCE.A: 22.83 (+0.48), RLGY: 48.21 (+0.27), EJ: 5.96 (-0.04)
MGM Resorts International Subsidiary MGM China Holdings Announces Agreement For Amendment And Extension Of Credit Facility
PR Newswire - Tue Apr 07, 10:49AM CDT
MGM Resorts International (NYSE: MGM) today announced that MGM China Holdings Limited, a 51%-owned subsidiary, has agreed in principle with its lenders to amend and restate its Hong Kong Dollar denominated senior credit facilities agreement expanding the facility by $1 billion and extending the maturity by 18 months. The amended and extended facilities will consist of a US$1.55 billion equivalent term loan, an increase from the previous $550 million term loan and US$1.45 billion equivalent revolving credit facility. The facilities will amend and restate the existing US$2 billion credit facilities of MGM China Holdings Limited, in their entirety, and extend the term of those facilities to April, 2019.
MGM: 18.15 (+0.31)
NXP, B.M. Holding and Digital China Sign Strategic Cooperation Agreement for Shanghai Smart City Project
GlobeNewswire - Fri Mar 27, 3:59AM CDT
NXP Semiconductors (Nasdaq:NXPI) today announced the signing of a Memorandum of Understanding with Chinese commercial real estate developer B.M. Holding Group and integrated IT service provider Digital China Holdings Ltd. The Memorandum officially establishes the parties as strategic partners in the construction of a large-scale "smart" business district in the center of Shanghai, incorporating innovative wireless networking technology.
NXPI: 92.73 (+2.22)
MGM Resorts International and MGM China Holdings Limited to Present at the Credit Suisse Asian Investment Conference in Hong Kong
PR Newswire - Thu Mar 19, 3:30PM CDT
MGM Resorts International (NYSE: MGM) and MGM China Holdings Limited (HKSE: 2282) will present at the Credit Suisse Asian Investment Conference on Monday, March 23rd in Hong Kong. A copy of the presentation will be available by visiting our website at http://www.mgmresorts.com under the Investors section.
MGM: 18.15 (+0.31)
Fujitsu Supports Dickies Retail Stores in China with Sales Strategy Analysis by its "Pastel Plus" System
JCN Newswire - Tue Jan 20, 10:58PM CST
Fujitsu China Holdings Co., Ltd. and Fujitsu Limited today announced that Fujitsu China Holdings Co., Ltd. has deployed Pastel Plus, Fujitsu's sales and inventory management system designed for retailers, at the retail stores in China of Williamson-Dickie Apparel Trading (Shanghai) Co., Ltd. (Williamson-Dickie China), which handles business in Asia for Dickies, a casual workwear brand based out of Texas in the United States.
Banking IT Market in China 2014-2018: Key Vendors are Accenture, IBM and Digital China Holdings
PR Newswire Europe - Wed Nov 26, 2:10PM CST
DUBLIN, Oct. 15, 2014 /PRNewswire/ -- Research and Markets [http://www.researchandmarkets.com/research/wwnr8b/banking_it_market] has announced the addition of the "Banking IT Market in China 2014-2018" [http://www.researchandmarkets.com/research/wwnr8b/banking_it_market] report to their offering.
IBM: 166.95 (+3.10)
MGM Resorts International And MGM China Holdings Limited To Present At The Deutsche Bank 22nd Annual Leveraged Finance Conference
PR Newswire - Mon Sep 29, 7:30AM CDT
MGM Resorts International (NYSE: MGM) and MGM China Holdings Limited (HKG: 2282) will present at the Deutsche Bank 22nd Annual Leveraged Finance Conference on Tuesday, September 30th in Scottsdale, AZ. A copy of the presentation will be available by visiting our website at http://www.mgmresorts.com under the Investors section.
DB: 31.91 (+1.75), MGM: 18.15 (+0.31)
Fitch Upgrades MGM's IDR to 'B+' from 'B' & MGM China's IDR to 'BB'; Outlook Positive
Business Wire - Thu Sep 25, 9:51AM CDT
Fitch Ratings has upgraded MGM Resorts International's (MGM) and MGM China Holdings Ltd's (MGM China) IDRs to 'B+' from 'B' and 'BB' from 'BB-', respectively. Fitch has also upgraded MGM's senior secured credit facility to 'BB+/RR1' from 'BB/RR1', MGM's senior unsecured notes to 'BB/RR2' from 'B+/RR3' and MGM China's senior secured credit facility to 'BBB-' from 'BB+'. The Rating Outlook remains Positive.
MGM: 18.15 (+0.31)
Real Estate Management and Development Equities Update -- CBRE, E-House China Holdings, Realogy Holdings, Forest City Enterprises, and Elbit Imaging
PR Newswire - Tue Aug 19, 8:20AM CDT
On Monday, August 18, 2014, the NASDAQ Composite ended at 4,508.31, up 0.97%, the Dow Jones Industrial Average finished the session at 16,838.74, up 1.06% and the S&P 500 closed at 1,971.74, up 0.85%. During the trading session, eight out of ten sectors finished on a higher note. The S&P 500 Financials Sector Index ended the day 1.08% higher at 307.11, while the index has declined 0.49% in the previous one month. Investor-Edge has initiated coverage on the following equities: CBRE Group Inc. (NYSE: CBG), E-House China Holdings Ltd (NYSE: EJ), Realogy Holdings Corp. (NYSE: RLGY), Forest City Enterprises Inc. (NYSE: FCE-A), and Elbit Imaging Ltd (NASDAQ: EMITF). Free research on these five companies can be accessed at:
CBG: 37.60 (+0.40), FCE.A: 22.83 (+0.48), RLGY: 48.21 (+0.27), EMITF: 1.35 (+0.02), EJ: 5.96 (-0.04)
Le Gaga Holdings Limited Enters Into Definitive Merger Agreement for Going Private Transaction
GlobeNewswire - Wed Jul 30, 5:00AM CDT
Le Gaga Holdings Limited (Nasdaq:GAGA) ("Le Gaga" or the "Company"
GAGA: 4.01 (+0.03)