Market Overview

MGM Mirage (MGM) Seeks To Negotiate $5.5 Billion Bank Deal And May Look To IPO Macao Property


MGM Mirage (NYSE: MGM) CEO James Murren expects to redo the $5.5 billion loan financing before the end of the year or early 2010.

Also, MGM Mirage is considering an IPO of its Macao joint venture. Wynn Las Vegas (Nasdaq: WYNN) just issued shares as it relates to its Macao properties and Las Vegas Sands (NYSE: LVS) is also looking at selling shares in Hong Kong for its Macao properties.

Posted-In: James MurrenNews Offerings


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