GentingHK raises RM3.66b from Genting Dream deal


Sailing from Singapore, Genting Dream cruise will traverse three nights either to Penang and Langkawi or to Phuket.

KUALA LUMPUR: Genting Hong Kong has raised US$900mil (RM3.66bil) from its first ever sale and leaseback transaction of one of Dream Cruises’ cruise ships with a consortium of four Chinese leasing companies.

It said in a statement that the cruise ship involved in the transaction was the 2016-built, 150,000 gross tonne Genting Dream.Describing it as a major milestone for all parties, it said the transaction was with the four Chinese companies through their special purpose vehicles (SPVs).

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