Genting Singapore reports that its Resorts World Sentosa resort has arranged a S$4.2bn (US$3.2bn) refinancing of its outstanding loans.
The original loan facilities were obtained in 2008 to finance the construction, development and operation of the integrated resort on Sentosa.
The company has struck a deal with five banks: the Bank of Tokyo-Mitsubishi, DBS Bank, HSBC, Oversea-Chinese Banking Corp and the Sumitomo Mitsui Banking Corp.
Resorts World Sentosa was the first of Singapore’s new casino resorts to open its doors in February this year. The complex contributed S$731.8m in revenue in the three months to September 30, down slightly on the S$860.8m recorded in the second quarter.
