Macau Legend says progress made in efforts to resolve auditor’s disclaimer of opinion as lenders offer relief

Former Macau satellite casino operator Macau Legend Development says it continues to make progress in addressing issues underlying its auditor’s disclaimer of opinion, pointing to revised repayment arrangements for almost HK$2 billion (US$255.1 million) in outstanding bank loans and the fact that it has begun making repayments under the new terms. In an update filed Friday on, Macau Legend said it had entered into loan variation agreements with its creditor banks in September 2026 and Luso International Bank in October 2026, extending the repayment periods on two existing facilities to 2030 while securing more favorable interest rates and revised financial…