
Skycity Entertainment Group Limited, founded in 1996 and headquartered in Auckland, New Zealand, operates as a leading entertainment and gaming company. The firm focuses on delivering exceptional hospitality and entertainment experiences through its world-class casinos, hotels, and convention centers across New Zealand and Australia.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
SKCNZ 3.02% 2027-05-21 NZDSkycity Entertainment Group Limited | New Zealand | 2027-05-21 | 3.020 | 5.17 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Skycity began issuing bonds in 2013 to finance its expansion and development projects, reflecting a commitment to growth. Notably, its NZD 150 million bond issuance in 2021 was significant for consolidating its financial flexibility post-pandemic, with yields around 3.5%, aligning well with current industry standards. Recent news highlights their plan to issue further bonds to fund upcoming projects, signaling a proactive approach to capital management and growth despite market uncertainties.