MGM China joins the trend of casinos seeking unsecured loans to take out old borrowings
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Asia

MGM China joins the trend of casinos seeking unsecured loans to take out old borrowings

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Macau casino operator MGM China has raised its first unsecured borrowing, joining a handful of companies raising straight loans to replace outstanding secured facilities. Bankers think that plenty more casinos will take a punt on the format. Pan Yue reports.

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