新濠博亚获批贷款港币12亿8千万以发展澳门皇冠酒店项目为澳门发钞.PDF

[For Immediate Release] Melco PBL Secures HK$1.28 Billion Loan for Crown Macau Project * * * Largest Syndicated Loan Granted by Macau’s Note-Issuing Banks (Hong Kong, February 13, 2005) Melco PBL Entertainment Limited (“Melco PBL”) today announced that the joint venture, between Melco International Development Limited and Publishing and Broadcasting Limited (“PBL”), has entered into an agreement with a syndicate of 5 Macau banks and 1 Hong Kong bank for a HK$1,280,000,000 transferable term loan facility for its Crown Macau project. This is the largest syndicated loan arranged in Macau by local banks. The proceeds of the facility will be used to finance the construction of Crown Macau - Macau’s first 6- star casino-hotel. This is the first joint project of Melco’s exclusive Pan-Asian joint venture with partner, Australia’s PBL. Standing at 160 metres, Crown Macau will be the tallest building on Taipa Island dedicated to serving prestigious elites from around the world. Total construction cost amounts to HK$1,500,000,000. The loan facility has a tenure of 7 years and the interest rate for this loan is HIBOR + 2.2% and is the lowest interest margin being offered for similar loan arrangement in the Macau gaming industry. The facility is lead-arranged by two of Macau’s note-issuing banks, Bank of China Limited, Macau Branch and Banco Nacional Ultramarino, S.A.. Other participating banks include Banco Comercial de Macau, S.A., Industrial and Commercial Bank of China (Asia) Limited, Banco Espírito Santo do Oriente, S.A. and Liu Chong Hing Bank Limited, Macau Branch. Mr Lawrence Ho, Director of Melco PBL, said, “We are delighted that the joint venture secured this syndicated loan by six reputable banks. It reflects the banking community’s confidence in Melco and PBL and its future development. This term loan gives the joint vent