Mandalay Resort Group, founded in 1995 and headquartered in Las Vegas, Nevada, is a prominent provider of integrated resort experiences in the gaming and hospitality sector. The company operates a number of well-known resorts and casinos, offering a range of entertainment, dining, and lodging options for visitors.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| MANRES 7.00% 2036-11-15 USDMandalay Resort Group | United States | 2036-11-15 | 7.000 | 10.26 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Mandalay Resort Group began issuing bonds in the early 2000s, with a focus on financing expansions and renovations of its properties. Notably, the company issued a significant $500 million bond in 2003 to fund the construction of its flagship resort, which helped bolster its market position. Current bond yields for Mandalay's issuances are competitive within the industry, reflecting healthy demand among retail investors, particularly following recent upgrades in credit ratings. The firm’s bonds are known for varying maturity dates and callable features, increasing their appeal amidst dynamic market conditions.