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Malaysia-based gaming conglomerate Genting Bhd says two subsidiaries are to issue US$350-million worth of senior notes, primarily toward repaying borrowings linked to the Resorts World Las Vegas casino project in Nevada, in the United States. The offering is being undertaken by Resorts World Las Vegas LLC, and Resorts World Las Vegas Capital Inc, “primarily to repay borrowings” under a “US$1.6 billion senior secured credit facilities maturing in 2024,” said the parent’s Wednesday filing to Bursa Malaysia. The 4.625-percent senior notes are due in 2031, and are only for qualified investors in the U.S. They are to be listed with Singapore Exchange Securities Trading Ltd.

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