AAP – Fri, Sep 14, 2012 10:10 PM NZSTJames Packer's Crown Casino has raised $532 million through its subordinated notes offer.
The amount exceeded the $400 million Crown in August said it was seeking to raise.
Crown said it had issued 5.3 million notes at an issue price of $100 each.
The notes are expected to commence trading on a deferred-settlement basis on Monday.
Crown has been undertaking a range of capital expenditure projects at its Crown Melbourne and Burswood hotel and casino complexes.
New Zealand is forecasting a budget surplus a year earlier than Australia but Treasurer Wayne Swan says he is "completely …
| Symbol | Price | Change | % Chg |
|---|
Finance Minister Bill English will meet his targets for a return to More »
Opposition parties are denouncing the budget as a failure which does More »
Australian Treasurer Wayne Swan has chided shadow treasurer Joe More »
By Paul McBeth May 16 (BusinessDesk) - Some $18 billion of new More »
Student loan borrowers who fail to make repayments could be arrested More »
by Pattrick Smellie May 16 (BusinessDesk) - Accident Compensation More »
The key points of budget 2013. More »
Education is once again the second biggest cost to the Government in More »
Insightful and engaging people, sharing thoughts on Facebook.
Personal finance & investment intel, fresh from the market.