Genting New York LLC, founded in 2011 and headquartered in New York, operates as a subsidiary of the Malaysian-based Genting Group. The company primarily focuses on the gaming and hospitality sector, providing entertainment experiences through its flagship, Resorts World Casino New York City, among other ventures.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| RWNYNY 3.30% 2026-02-15 USDGenting New York Llc | United States | 2026-02-15 | 3.300 | 6.18 |
| RWNYNY 3.30% 2026-02-15 USDGenting New York Llc | United States | 2026-02-15 | 3.300 | 6.18 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Genting New York LLC has actively engaged in bond issuance to finance its expansion and operations. The company first entered the bond market in 2016 with a significant $1.25 billion issuance to fund the development of its gaming facilities. Recent bond offerings have seen competitive yields, often outperforming industry benchmarks, thanks to the strategic positioning and robust financial backing from its parent company. Notably, in 2023, Genting New York issued a new series of bonds with a unique feature allowing for early redemption, reflecting the company's adaptability to changing market conditions and investor preferences.