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Saipan casino-hotel funding sought

Saipan island – 12 January 2017
Gaming operator Imperial Pacific International is seeking to raise money in the bond market for construction of its casino project on the remote Pacific island of Saipan, just weeks after people with knowledge of the matter said the firm had put plans for a larger debt offering on hold, Bloomberg reported.

It plans to sell at least US$60 million of 8.5 percen