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Macau Legend Development Ltd Starts Pre-Marketing For $600 Million HK IPO-Reuters


Sunday, 26 May 2013 09:52pm EDT 

Reuters reported that Macau Legend Development Ltd has kicked off pre-marketing for its planned approximately $600 million Hong Kong Initial Public Offering, a term sheet for the offer seen by Reuters showed on May 27, 2013. The company, which owns Macau Fisherman's Wharf, Landmark Macau and Pharaoh's Palace Casino, plans to price the IPO on June 21, 2013 with listing scheduled for June 27, 2013 the terms showed. The IPO consists of 100% primary shares and would value the Company at $2.4 billion. 

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