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General Announcement::RWS SECURES S$2.27 BILLION SYNDICATED SENIOR...

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General Announcement::RWS SECURES S$2.27 BILLION SYNDICATED SENIOR SECURED CREDIT FACILITIES FOR REFINANCING Issuer & Securities

Issuer/ Manager

GENTING SINGAPORE PLC

Securities

GENTING SINGAPORE PLC - GB0043620292 - G13

Stapled Security

No

Announcement Details

Announcement Title

General Announcement

Date & Time of Broadcast

23-Mar-2015 21:51:12

Status

New

Announcement Sub Title

RWS SECURES S$2.27 BILLION SYNDICATED SENIOR SECURED CREDIT FACILITIES FOR REFINANCING

Announcement Reference

SG150323OTHRML4K

Submitted By (Co./ Ind. Name)

Joscelyn Tan

Designation

Company Secretary

Description (Please provide a detailed description of the event in the box below)

Please see attached.

Attachments GENS-23032015.pdf

Total size =13K


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23/03/2015

Genting Singapore PLC

(Incorporated in the Isle of Man No. 003846V)

RWS SECURES S$2.27 BILLION SYNDICATED SENIOR SECURED CREDIT FACILITIES FOR REFINANCING


Genting Singapore PLC (the "Company") wishes to announce that Resorts World at Sentosa Pte. Ltd. ("RWS"), an indirect wholly-owned subsidiary of the Company, has executed a facility agreement for syndicated senior secured credit facilities of S$2.27 billion (the "New Facilities").
The New Facilities will be utilized primarily for refinancing RWS's existing facilities of
S$4.1925 billion obtained in 2011. The 5-year New Facilities comprise:
i. S$1,750 million syndicated term loan facility;
ii. S$500 million syndicated revolving credit facility; and
iii. S$20 million bank guarantee facility, provided by DBS Bank Ltd. and Oversea-Chinese
Banking Corporation Limited.
The New Facilities enable RWS to extend the tenure of its existing facilities to 2020 and also offer RWS better terms of repayment which enhances the Company's balance sheet strength and financial flexibility.
The New Facilities are fully underwritten by the original mandated lead arrangers and bookrunners, being The Bank of Tokyo-Mitsubishi UFJ, Ltd., DBS Bank Ltd., The Hongkong and Shanghai Banking Corporation Limited, Oversea-Chinese Banking Corporation Limited and Sumitomo Mitsui Banking Corporation.
For and on behalf of the Board

Genting Singapore PLC

Joscelyn Tan
Company Secretary
23 March 2015

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