An update from MGM Resorts (MGM) is now available.
MGM China Holdings Limited, a subsidiary of MGM Resorts International, has announced the termination of its $750 million subordinated revolving loan facility. This strategic financial move, effective immediately, signifies a shift in the company’s approach to managing its capital structure and liquidity. The announcement made to the Hong Kong Stock Exchange is a key update for shareholders and investors monitoring the company’s financial decisions.
Learn more about MGM stock on TipRanks’ Stock Analysis page.
