Macau’s MGM China Seeks First Loan Since Pandemic of $2 Billion

MGM China Holdings Ltd. is seeking an around $2 billion-equivalent syndicated loan, according to people familiar with the matter, as the Macau casino operator posts its fastest growth.

The company is in talks with over a dozen banks for a five-year Hong Kong dollar-denominated facility, said the people, who asked not to be named discussing private matters. The borrowing, if completed, will be the group’s first syndicated loan since the onset of the Covid-19 pandemic, according to Bloomberg-compiled data.