Melco Crown unit seeks $265 million towards Philippine casino

Melco Crown (Philippines) will start accepting orders today with sources saying anchor demand is already exceeding the total deal size.

<div style="text-align: left;"> Melco's City of Dreams </div>

Anette Jönsson

April 15, 2013

Melco Crown (Philippines) Resorts Corp has set the price range for its fully-marketed top-up placement at Ps11 to Ps14 per share, which will allow it to raise between Ps10.79 billion and Ps13.74 billion ($265 million to $337 million) before any potential exercise of the overallotment option.

Sign In to Your Account To Access Exclusive FinanceAsia Content!

Please sign in to your subscription to unlock full access to our premium FA resources.

Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial - no registration fees required. Click the link to get started.

Note: This free trial is a one-time offer.

Questions?
If you have any enquiries or would like a quote for a team or company licence, please contact us at [email protected]. Our subscription team will be happy to assist you.