The refinancing comprises a $3.5 billion seven-year amortising term loan and a revolving credit facility.
Latest Forum Topics / Genting Sing Last:0.765 -0.005 | Post Reply |
GenSp starts to move up again
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spicy88
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10-Dec-2010 10:56
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Profit taking day....hang on tight if you have missed selling it at 2.20 this morning!
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iPunter
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10-Dec-2010 07:54
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You are right... Gambling and gambling stocks are all about getting rich.. Not much people will care about small 'kachang' dividends. hehehe...
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jm2212
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10-Dec-2010 07:28
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i remember when attended the last AGM, management said no dividen will be issued till they paid off all the debts as that was the condition signed with the banks. With this re-financing, may be there is no more such restriction??? Anyway, my bet on genting is more on capital gain rather than dividen pay out. |
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iPunter
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10-Dec-2010 07:18
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Maybe with WikiLeaks splashed in the news these days, we may at last possibly know something about UFO's and such, you may then really want to learn more about astronomy. We really live in exciting times... hehehe...
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jm2212
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10-Dec-2010 07:12
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if genting can maintain their profit margin, they will be able to pay off their debt in 2-3 years time, $5 target is not impossible. just my 2c worth |
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iPunter
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10-Dec-2010 07:12
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What about astrology then?....
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Jimmy23
Member |
10-Dec-2010 02:49
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Good Morning :) | ||||||||
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Gaecia
Elite |
10-Dec-2010 02:43
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keke.. this is really.. i normally find it so hard to read celestial stars, reali not that well versed in astronomy. LOL Gd morning everyone!
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AK_Francis
Supreme |
10-Dec-2010 01:39
Yells: "Happy go lucky, cheers." |
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Ha ha, just back fr kopitiam, meet the people session, with Carlsberg. Will ride on your blessing, 2.40, but still no sell lah. As dun need the cash at ds moment, even till CNY. Just relax n enjoy d cool beer loh. Cheers.
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spicy88
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09-Dec-2010 22:59
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I know about shooting start, how does an evening start look like?
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niuyear
Supreme |
09-Dec-2010 22:41
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$ 2.40!!! cheong arrrhhhhhhhhhh LOL! |
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niuyear
Supreme |
09-Dec-2010 22:40
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AK, Congrates!!
See how much they are paying the bonuese.
This time round, may be can breach $2.40.
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AK_Francis
Supreme |
09-Dec-2010 22:31
Yells: "Happy go lucky, cheers." |
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Ha ha, up a cent got beer liao. Loan or dun loan, not a big issue loh. Cheers. | ||||||||
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shadowmoon
Veteran |
09-Dec-2010 22:17
Yells: "Henshin" |
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Today Genting seems to form a BEARISH SHOOTING STAR. Tomorrow we will know if it is one...... Whichever it is, Bearish Shooting Star Pattern is usually not a major reversal signal as is the evening star. |
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CheongCK
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09-Dec-2010 20:27
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Genting Singapore seeks $4.2b in refinancing
Genting Singapore’s (GENS.SI) Resorts World at Sentosa casino is seeking to borrow around $4.2 billion to pay off an existing loan, Reuters basis point reported on Thursday.
The refinancing comprises a $3.5 billion seven-year amortising term loan and a revolving credit facility. The term loan, which has an average life of 4.13 years, will pay an initial interest rate of 160 basis points over the Singapore dollar swap offered rate.
If the debt-to-EBITDA ratio falls to 2.5 times of lower, the interest will fall to 120 bp over SOR.
Bank of Tokyo-Mitsubishi UFJ, DBS, HSBC, Oversea-Chinese Banking Corp and Sumitomo Mitsui Banking are lead arrangers and joint bookrunners for the loan.
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shadowmoon
Veteran |
09-Dec-2010 20:26
Yells: "Henshin" |
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Get refinancing again..........
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pharoah88
Supreme |
09-Dec-2010 18:26
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dIvIdend is nOt the drIver in GENTING STABLE GRAND Projects FREE CASH FLOW mOre crItIcal
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epliew
Supreme |
09-Dec-2010 15:47
Yells: "no worries be happy !" |
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ha ha... sure u can afford my bottles.
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limkt009
Veteran |
09-Dec-2010 15:32
Yells: "Watch your front, grab $$$$$ at your own time" |
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Maybe Q4 will pay dividends.......
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pharoah88
Supreme |
09-Dec-2010 15:17
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S E E M S sOmethIng brewIng at GENTING BERHAD may invOlve GENTING SP and GENTING HK later |
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