NagaCorp seeks funds for Naga 1 refurb and VIP growth

Cambodia-based casino operator, NagaCorp, says it will be looking to raise funds from institutional investors throughout Asia, Europe and the United States through a proposed notes issue.

The company will also commence a series of roadshow presentations beginning May 2, 2018 to international investors, providing them recent corporation and financial information regarding the group.

Should the notes issuance be successful, NagaCorp says it intends to use the net proceeds from the notes to promote gaming business growth, particularly in its VIP gaming segment, and to refurbish the hotel rooms at Naga 1.