Friday, March 29, 2024
HomeNewsCambodiaNagaCorp completes additional notes issue 

NagaCorp completes additional notes issue 

FOLLOW US

Cambodian casino operator NagaCorp says it has completed its $200 million additional notes issue on June 15, 2021. 

In an earlier filing, NagaCorp said it undertook the notes issue in order to raise additional capital to strengthen the group’s working capital and for other general purposes.

Its casino in Phnom Penh has been closed since March 2, 2021 due to a surge in covid-19 cases in the country. NagaCorp says it has taken proactive measures to manage the situation, including a rationalization program to improve cost efficiency, including the cutting of a number of its staff. 

Company release

AGBrief Editorial
AGBrief Editorialhttps://agbrief.com/about-asia-gaming-brief/
The AGBrief Editorial Team is a group of contributors living around the world that are connected to Asia Gaming Brief. They are active members in pursuing the sources of our news, making them reliable and accurate for our readers.

RELATED ARTICLES