Casino operator Donaco International has entered a new agreement with Mega International Commercial Bank Co. Ltd. To refinance its current term loan facility.

The Australian Stock Exchange-listed company announced in a filing that it had taken out a new loan of US$57 million, with the term “extended to three years from the date of drawdown,” which is expected to happen in late August.

In 2015, Donaco International, which operates casinos in Vietnam and Cambodia, loaned US$100 million from Mega Bank. A year later, the company took a further US$20 million to repay a separate working capital facility.

Donaco said it has repaid a total of US$63.4 million in the past two years, leaving the remaining principal amount standing at US$56.6 million, which originally needs to be paid within the next 12 months. According to the company, it needs to pay Mega Bank US$20.8 million in January 2018, while the remaining US$35.8 million is due in July 2018.