(Bloomberg) -- Melco PBL Entertainment (Macau) Ltd.,
a casino venture between Lawrence Ho and Australian billionaire
James Packer, sold $200 million of bonds exchangeable into its
shares.
The Nasdaq-listed company's bonds, which will mature in 2012,
will pay interest of 2.4 percent, Packer's Publishing &
Broadcasting Ltd. said in a statement to the Australian stock
exchange today. It had proposed a coupon of 1.4 percent to 2.4
percent, according to a sale document sent to investors
yesterday.
Read more at Bloomberg Bonds News
a casino venture between Lawrence Ho and Australian billionaire
James Packer, sold $200 million of bonds exchangeable into its
shares.
The Nasdaq-listed company's bonds, which will mature in 2012,
will pay interest of 2.4 percent, Packer's Publishing &
Broadcasting Ltd. said in a statement to the Australian stock
exchange today. It had proposed a coupon of 1.4 percent to 2.4
percent, according to a sale document sent to investors
yesterday.
Read more at Bloomberg Bonds News
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