The case deals with how the investment banker advising the chief financial officer of Melco Crown Entertainment Limited (MCEL), a casino and entertainment company based in Macau, suggests the company finance two new gaming resorts presently under construction.
The development of these properties has discontinued due to insufficient funding, and project timelines have began to be questioned. A choice about the best way to raise the needed capital has to be made fast or MCEL might not have the capacity to capitalize on the successful, growing gambling market in Macau. The guidance must consider both the immediate need to raise capital to get the projects back on course in addition to the requirement for long-term fiscal flexibility to make the most of future opportunities. The case considers various national and international options to determine what best meets MCEL's needs.
PUBLICATION DATE: August 31, 2012 PRODUCT #: W12210-HCB-ENG
This is just an excerpt. This case is about FINANCE & ACCOUNTING
Related Case Solutions & Analyses:
CardSmith
Alfin Fragrances Inc.
Simmons Japan Ltd.
The TELUS Share Conversion Proposal
John G. Meara, Boston Children’s Hospital, Measuring Costs, TDABC, Video
Crisis in Cyprus: Was it Different this Time?
Merrill Lynch: Supernova
Multinational Corporate Finance
Danshui Plant No. 2, Spanish Version
Lockheed Martin’s Acquisition of NationScape, Inc.
