CWN crown resorts limited
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News: CWN Crown Resorts Refers To Crown Subordinated Notes II

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    24/05/21
    12:05
    Post #: 53371532

    May 24 (Reuters) - Crown Resorts Ltd (CWN) :

    • REFERS TO CROWN SUBORDINATED NOTES II
    • MAY ELECT TO REDEEM NOTES II AT ITS OPTION ON 23 JULY OR ON ANY INTEREST PAYMENT DATE THEREAFTER
    • BOARD HAS DECIDED NOT TO REDEEM NOTES II ON FIRST CALL DATE
    • INTENDS TO REVIEW ROLE OF NOTES II IN ITS CAPITAL STRUCTURE IN AROUND 12 MONTHS' TIME
    • NOTEHOLDERS WILL CONTINUE TO RECEIVE QUARTERLY INTEREST PAYMENTS IN ACCORDANCE WITH TERMS
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