MGM Macau seeks listing approval for HK IPO in Feb
HONG KONG |
HONG KONG Feb 10 (Reuters) - MGM Macau, the Macau joint venture of MGM Resorts International (MGM.N), is seeking listing approval for its proposed Hong Kong IPO at the end of this month.
The Macau venture, owned by MGM Mirage and Pansy Ho, daughter of Macau gaming tycoon Stanley Ho, is looking to raise about $800 million.
Bank of America Merrill Lynch (BAC.N), JP Morgan Chase & Co (JPM.N) and Morgan Stanley (MS.N) are joint global coordinators for the deal, and joint books with BNP Paribas (BNPP.PA), CLSA, Deutsche Bank AG (DBKGn.DE) and Royal Bank of Scotland Group Plc (RBS.L). (Reporting by Fiona Lau; Editing by Chris Lewis)
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