CWN 0.25% $12.09 crown resorts limited

March 29 (Reuters) - Crown Resorts Ltd (CWN) Entered into a...

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    March 29 (Reuters) - Crown Resorts Ltd (CWN)

    • Entered into a cash-settled equity swap in respect of its shareholding in Melco Crown Entertainment Limited
    • Cash-settled equity swap referencing 12.0 MLN MCE ADSs
    • Price hedge under swap transaction has been set at US$18.05 per MCE ADS
    • Swap transaction provides price hedge in respect of any future sale of MCE shares equivalent to number of MCE ADSs referenced in swap transaction
 
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Currently unlisted public company.

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