Crown starts series 1 note buyback, Packer may sell

07 March 2017

 

After amendment of a clause which restricted buybacks prior to 14 September 2017, Crown has announced it has purchased series 1 notes (ASX code: CWNHA) with a total face value of $8,279,100 as at 10 March 2017. The notes have a call date in September 2018 and while securities are typically redeemed on this date by convention, Crown has decided to put the proceeds of sale of its Macau casino...

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