by Amruth Sundarkumar | Sep 23, 2021 | High Yield Bonds
MGM Resorts International is said to be mulling ways of getting control of online betting business BetMGM, which is a 50-50 JV between MGM and UK-based gaming company Entain as the latter has received a $22bn merger offer from online betting company DraftKings Inc. As...
by bondevalue | Mar 26, 2021 | China, High Yield Bonds
MGM China Holdings raised $750mn via a 5.8 non-call 2.8Y (5.8NC2.8) bond at a yield of 4.75%, 37.5bp inside initial guidance of 5.125% area. The bonds have expected ratings of Ba3/B+ and received orders over $4.3bn, 5.7x issue size. There is a change of control put...
