PETALING JAYA: Genting Bhd

has secured US$1.25bil (approximately RM4.96bil) through the issuance of perpetual guaranteed notes as part of a refinancing effort.

In a filing with Bursa Malaysia, the company said GOHL Capital Holdings Ltd, the funding vehicle, completed the pricing of two tranches of subordinated perpetual capital securities after a book-building exercise on April 22. These notes are backed by Genting Overseas Holdings Ltd, a wholly owned subsidiary of Genting.