Friday March 20, 2015, Crown Resorts Ltd made a new announcement. The Australian casino operator is releasing more subordinated notes totaling $459 million USD. Earlier in the week the company was seeking to raise only AUD 400 million, now they are looking for AUD 600 million.? AUD 550 million of the notes will be given to institutional investors and brokers, while Crown Resorts’ shareholder Consolidated Press Holdings Pty Ltd will hold AUD 50 million. The amounts may change again after applications are received, but for now it looks like this will be the general offer to raise funds for the casino operators new ventures.
