Maybank IB lead arranges Genting HK’s US$600m syndicated loan facility

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KUALA LUMPUR: Genting Hong Kong Ltd’s US$600m syndicated loan facility received overwhelming demand and interest from regional lenders, according to the mandated joint lead arranger Maybank Investment Bank Bhd (Maybank IB).
Maybank IB and Genting HK, together with a consortium of international and Malaysian banks, completed the signing for Genting HK's seven-year floating rate term loan and revolving credit facility.
Maybank IB chief executive officer Tengku Zafrul Tengku Abdul Aziz said on Monday, Nov 29 the landmark transaction was another milestone in the enduring and successful partnership with Genting HK.
"In line with Maybank IB’s regional expansion plans, this transaction further boosts our investment banking footprint in the region and it is our intention to capitalise on Maybank Group's regional network to assist our clients in their fund raising requirements," he added.
The signing ceremony was held at the newly opened Genting Club in Resorts World Manila on Saturday, which also simultaneously hosted the Genting Group’s 45th year anniversary celebrations.