Imperial Pacific is to offer a high-yield bond to investors to fund the construction of its Imperial Pacific Resort and Hotel on Saipan, reports Asia Gaming Brief.
In a statement to the Hong Kong stock exchange, the company said details of the offer have yet to be determined.
According to a report from Reuters, the company still needs approximately US$380m to complete the project and is hoping to raise $300m from the bond issue.
Source: Asia Gaming Brief
