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Genting Singapore fully redeems yen-denominated bonds worth 20 bil yen

The Edge Singapore
The Edge Singapore • 1 min read
Genting Singapore fully redeems yen-denominated bonds worth 20 bil yen
Genting Singapore came close to securing a project in Yokohama but the bid fell through after a change in the local government. Photo: Samuel Isaac Chua
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Genting Singapore has fully redeemed 20 billion yen ($190 million) worth of bonds.

The yen-denominated bond was first issued back in 2017 when the company was gearing up to bid for a casino project in Japan.

It came close to securing a project in Yokohama but after there was a change of the local government, the bid fell through eventually.

Genting Singapore closed on Oct 21 at 78 cents, down 1.27%.

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