• About Us
  • The Team
  • Advertise with Us

The latest news on the gaming industry in Asia

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()
  • Home
  • Macau
  • Philippines
  • Singapore
  • Japan
  • Rest of Asia
  • World
  • Industry Talk
  • Trends & Tech
  • iGaming
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

Galaxy puts US$10mln in Macau-issued corporate green bond

Dec 23, 2021 Newsdesk Industry Talk, Latest News, Macau, Top of the deck  


Galaxy puts US$10mln in Macau-issued corporate green bond

Macau casino operator Galaxy Entertainment Group Ltd said on Wednesday that it recently invested US$10 million towards a US$200-million green bond issuance in Macau by a mainland China-based clean-energy business, Mingyang Smart Energy Group Co Ltd.

The bonds bear 1.60 percent interest, and are due in 2024. They are listed on Macau’s fledgling bond market, the Chongwa (Macao) Financial Asset Exchange Co Ltd, also known as MOX, according to the disclosure notices filed by the Guangdong province-based energy firm.

Galaxy Entertainment senior vice president of public relations, Buddy Lam Chi Seng (pictured right), attended the listing ceremony.

In its Wednesday release, the casino operator said it has been “proactively supporting” the development of Macau’s financial markets, and the city’s integration into the Guangdong-Hong Kong-Macau Greater Bay Area.

Galaxy Entertainment said its subscription to Mingyang Smart Energy’s corporate green bond marked its third investment in “corporate social responsibility and green bonds”.

In September the casino group invested CNY100 million (US$15.6 million) in so-called “biodiversity-themed green bonds” issued by Bank of China Ltd (BOC), Macau Branch.

Last year Galaxy Entertainment subscribed to HKD100-million (US$12.9 million) worth of special bonds, issued also by Bank of China Macau Branch, and described as an instrument to help support local small and medium-sized enterprises amid the disruption brought by the Covid-19 pandemic.


  • tweet
Related articles
  • Macau ops hail key step of revised gaming law passage
    Macau ops hail key step of revised...

    Jun 22, 2022  

  • Galaxy Macau Phase 4 finish target 2024: Francis Lui
    Galaxy Macau Phase 4 finish target...

    May 13, 2022  

More news
  • 500 in Grand Lisboa lockdown, Macau Covid cases top 1,160
    500 in Grand Lisboa lockdown, Macau...

    Jul 06, 2022  

  • Coughlan to exit as Wynn Macau Ltd president in February
    Coughlan to exit as Wynn Macau Ltd...

    Jul 06, 2022  


Latest News

500 in Grand Lisboa lockdown, Macau Covid cases top 1,160

500 in Grand Lisboa lockdown, Macau Covid cases top 1,160

Jul 06, 2022  

More than 500 people are still inside the Grand Lisboa casino hotel after the complex was locked down on Tuesday by the local authorities, said an official during a Wednesday afternoon briefing on...
Read More
Coughlan to exit as Wynn Macau Ltd president in February

Coughlan to exit as Wynn Macau Ltd president in February

Jul 06, 2022  

Fitch downgrades Crown, signs off on rating casino firm

Fitch downgrades Crown, signs off on rating casino firm

Jul 06, 2022  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day

”As the Macau gaming revenue structure is now leaning heavily towards the mass business … once the border fully reopens, the recovery from mass should drive the sector to bounce more swiftly”

Vitaly Umansky, Louis Li and Shirley Yang

Analysts at Sanford C. Bernstein



Most Popular

  • Four Seasons Macao shops paused on Covid casesFour Seasons Macao shops paused on Covid cases July 4, 2022
  • Macau’s Grand Lisboa cordoned amid 13-case Covid clusterMacau’s Grand Lisboa cordoned amid 13-case Covid… July 5, 2022
  • Macau publishes amendment to public tender regulationMacau publishes amendment to public tender regulation July 5, 2022
  • GKL sees June casino sales up 34pct sequentiallyGKL sees June casino sales up 34pct sequentially July 4, 2022
  • Coughlan to exit as Wynn Macau Ltd president in FebruaryCoughlan to exit as Wynn Macau Ltd president in February July 6, 2022
Copyright 2014-2022 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us