Cains acts on US$0.5 billion further notes issue.
The issuer, GOHL Capital Limited, is an indirect subsidiary of Genting Berhad, the holding company of the Malaysia-based Genting Group. The issue of guaranteed unsecured fixed rate notes will be consolidated and form a single series with the US$1 billion notes offered in January 2017 and will be listed on the Hong Kong Stock Exchange.
Cains advised GOHL on Isle of Man law.
Founded 51 years ago by visionary entrepreneur Tan Sri Lim Kok Thay, the Genting Group employs more than 62,000 people and owns the Resort World brand with its gaming and leisure interests and is one of the largest international casino operators. Genting Singapore PLC (which is also incorporated in the Isle of Man) is a member of the Genting Group.
Mike Edwards and Stephanie Chew from Cains acted on this transaction.