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MGM China Holdings Ltd (2282.HK)

2282.HK on Hong Kong Stock

16.98HKD
26 May 2017
Change (% chg)

HK$0.04 (+0.24%)
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HK$16.94
Open
HK$16.64
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HK$16.64
Volume
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HK$18.00
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Latest Key Developments (Source: Significant Developments)

CityCenter Holdings announces launch of $1,725 mln refinancing of senior credit facilities
Monday, 3 Apr 2017 09:04am EDT 

Mgm Resorts International : Citycenter holdings, llc announces launch of $1,725 million refinancing of senior credit facilities . Citycenter holdings - has launched a syndication of a new $1.6 billion term loan and upsized $125 million revolving credit facility .Citycenter holdings - to use net proceeds from term loan to refinance outstanding amount under existing term loan & pay a $350 million dividend to members.  Full Article

MGM Resorts International posts Q4 earnings $0.04/shr
Thursday, 16 Feb 2017 07:40am EST 

MGM Resorts International : MGM Resorts International reports fourth quarter and full year financial and operating results; announces quarterly dividend . Q4 earnings per share $0.04 . Q4 same store sales rose 4 percent . Q4 earnings per share view $0.21 -- Thomson Reuters I/B/E/S . MGM Resorts International says initiated a quarterly dividend program . MGM Resorts International - domestic resorts casino revenue for Q4 of 2016 increased 33 pct compared to prior year quarter . MGM Resorts International - dividend of $0.11 per share will be payable on March 15, 2017 . Qtrly domestic resorts rooms revenue increased 10 pct compared to prior year quarter . Qtrly REVPAR growth of 3 pct over prior year quarter . Qtrly revenues $2.46 billion versus $2.19 billion . Q4 revenue view $2.46 billion -- Thomson Reuters I/B/E/S . MGM Resorts International- board of directors approved a quarterly dividend of $0.11 per share .MGM Resorts International- MGM China net revenues of $500 million, a $1 million increase compared to prior year quarter.  Full Article

MGM Resorts says through GPM's unit, Pansy Ho acquired 4 mln shares of co's Tracinda Corp
Thursday, 1 Sep 2016 09:27am EDT 

MGM Resorts International : Company has been informed that through GPM's unit, Pansy Ho acquired 4 million shares of co's stock from Tracinda Corp .Pansy Ho owns approximately 4.8 pct of outstanding common stock of company.  Full Article

MGM Resorts prices $500,000,000 in senior notes
Tuesday, 16 Aug 2016 05:21pm EDT 

MGM Resorts International : MGM Resorts International prices $500,000,000 in senior notes .Priced a public offering of $500 million in aggregate principal amount of 4.625% senior notes due 2026 at par.  Full Article

MGM Resorts International to up stake in MGM China Holdings
Tuesday, 16 Aug 2016 07:35am EDT 

MGM Resorts International: MGM Resorts International to increase its stake in MGM China Holdings Limited . To acquire additional 4.95% of outstanding ordinary shares of MGM China, will own about 56% of MGM China's outstanding common shares . Will issue to grand paradise Macau 7,060,492 shares of its common stock and pay cash consideration of $100 million . Upon completion of transactions, ho would own approximately 4.8% of outstanding common stock of MGM resorts . MGM resorts international says to acquire 188.1 million ordinary shares of its subsidiary MGM China Holdings Limited from grand paradise Macau . Will acquire an additional 4.95% of outstanding common shares of MGM China and will own about 56% of MGM China's outstanding common shares . Pansy ho has entered into agreement to acquire 4 million shares of MGM Resorts stock at $25/share from Tracinda Corporation .In addition, company has agreed to pay GPM (or its nominee) a deferred cash payment of $50 million.  Full Article

MGM Resorts reports Q2 earnings per share $0.83 including items
Thursday, 4 Aug 2016 08:15am EDT 

MGM Resorts International : MGM Resorts International reports strong second quarter financial and operating results . Q2 earnings per share view $0.23 -- Thomson Reuters I/B/E/S . Q2 earnings per share $0.83 including items . Casino revenue for three months ended June 30, 2016 increased less than 1% compared to same period in prior year . Qtrly revenue $2.27 billion versus $2.39 billion . Increased profit growth plan target by 33% to $400 million . MGM Resorts International qtrly rooms revenue at company's domestic resorts increased 2% . Qtrly MGM China net revenues of $452 million, a 19% decrease compared to prior year quarter .Q2 earnings per share view $0.23, revenue view $2.33 billion -- Thomson Reuters I/B/E/S.  Full Article

MGM China Holdings Ltd declares dividend
Tuesday, 4 Aug 2015 03:00am EDT 

MGM China Holdings Ltd:Says that an interim dividend of 15.6 HK cents was declared, down 44 percent from 2014.  Full Article

MGM China Holdings Ltd amends senior secured credit facilities - Form 8-K
Friday, 12 Jun 2015 05:10pm EDT 

MGM China Holdings Ltd:Says that on June 9, 2015, the company, an indirect subsidiary of MGM Resorts International and MGM Grand Paradise, S.A., a wholly owned subsidiary of MGM China entered into a second supplemental agreement.Says pursuant supplemental agreement to which MGM China’s existing $2 billion senior secured credit facilities were amended and restated in their entirety.The Amended and Restated Credit Agreement includes a $1.55 billion equivalent term loan, an increase from the previous $550 million term loan, and a $1.45 billion equivalent revolving credit facility.The Amended and Restated Credit Agreement extends the term of the original facilities for an eighteen month period ending April 29, 2019.  Full Article

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