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MGM China Holdings Ltd (2282.HK)

2282.HK on Hong Kong Stock

20.60HKD
22 Jun 2018
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Latest Key Developments (Source: Significant Developments)

MGM Resorts International Prices $1 Bln In Senior Notes
Friday, 15 Jun 2018 

June 14 (Reuters) - MGM Resorts International ::MGM RESORTS INTERNATIONAL PRICES $1,000,000,000 IN SENIOR NOTES.MGM RESORTS INTERNATIONAL - OFFERING OF NOTES WAS UPSIZED FROM ORIGINALLY ANNOUNCED AGGREGATE PRINCIPAL AMOUNT OF $500 MILLION.MGM RESORTS INTERNATIONAL - PRICED UPSIZED PUBLIC OFFERING OF $1 BILLION OF 5.750% SENIOR NOTES DUE 2025 AT PAR.  Full Article

CityCenter Says Will Seek To Raise $200 Million In New Incremental Term Loan
Monday, 30 Apr 2018 

April 30 (Reuters) - MGM Resorts International ::CITYCENTER ANNOUNCES LAUNCH OF INCREMENTAL TERM LOAN.CITYCENTER HOLDINGS SAYS WILL SEEK TO RAISE $200 MILLION IN AN INCREMENTAL TERM LOAN UNDER ITS EXISTING SENIOR SECURED CREDIT AGREEMENT.CITYCENTER HOLDINGS - TO USE PROCEEDS OF INCREMENTAL TERM LOAN, CASH ON HAND, TO PAY DIVIDEND OF $400 MILLION TO ITS SHAREHOLDERS.  Full Article

MGM Resorts International Q3 earnings per share $0.26
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - MGM Resorts International :MGM Resorts International reports third quarter financial and operating results.Q3 earnings per share $0.26.Q3 same store sales rose 2 percent.Q3 earnings per share view $0.34 -- Thomson Reuters I/B/E/S.Casino revenue for Q3 of 2017 increased 32% compared to prior year quarter​.Qtrly ‍REVPAR growth of 4.2% over prior year quarter at company's Las Vegas Strip resorts​.Qtrly MGM China​ ‍net revenues of $471 million, a 6% decrease.Qtrly ‍domestic resorts rooms revenue increased 7% compared to prior year quarter​.Qtrly revenue $2.83 billion versus $2.52 bln‍​ (excluding promotional allowances).Q3 revenue view $2.77 billion -- Thomson Reuters I/B/E/S.  Full Article

MGM Resorts says through GPM's unit, Pansy Ho acquired 4 mln shares of co's Tracinda Corp
Thursday, 1 Sep 2016 

MGM Resorts International : Company has been informed that through GPM's unit, Pansy Ho acquired 4 million shares of co's stock from Tracinda Corp .Pansy Ho owns approximately 4.8 pct of outstanding common stock of company.  Full Article

MGM Resorts prices $500,000,000 in senior notes
Wednesday, 17 Aug 2016 

MGM Resorts International : MGM Resorts International prices $500,000,000 in senior notes .Priced a public offering of $500 million in aggregate principal amount of 4.625% senior notes due 2026 at par.  Full Article

MGM Resorts International to up stake in MGM China Holdings
Tuesday, 16 Aug 2016 

MGM Resorts International: MGM Resorts International to increase its stake in MGM China Holdings Limited . To acquire additional 4.95% of outstanding ordinary shares of MGM China, will own about 56% of MGM China's outstanding common shares . Will issue to grand paradise Macau 7,060,492 shares of its common stock and pay cash consideration of $100 million . Upon completion of transactions, ho would own approximately 4.8% of outstanding common stock of MGM resorts . MGM resorts international says to acquire 188.1 million ordinary shares of its subsidiary MGM China Holdings Limited from grand paradise Macau . Will acquire an additional 4.95% of outstanding common shares of MGM China and will own about 56% of MGM China's outstanding common shares . Pansy ho has entered into agreement to acquire 4 million shares of MGM Resorts stock at $25/share from Tracinda Corporation .In addition, company has agreed to pay GPM (or its nominee) a deferred cash payment of $50 million.  Full Article

MGM Resorts reports Q2 earnings per share $0.83 including items
Thursday, 4 Aug 2016 

MGM Resorts International : MGM Resorts International reports strong second quarter financial and operating results . Q2 earnings per share view $0.23 -- Thomson Reuters I/B/E/S . Q2 earnings per share $0.83 including items . Casino revenue for three months ended June 30, 2016 increased less than 1% compared to same period in prior year . Qtrly revenue $2.27 billion versus $2.39 billion . Increased profit growth plan target by 33% to $400 million . MGM Resorts International qtrly rooms revenue at company's domestic resorts increased 2% . Qtrly MGM China net revenues of $452 million, a 19% decrease compared to prior year quarter .Q2 earnings per share view $0.23, revenue view $2.33 billion -- Thomson Reuters I/B/E/S.  Full Article