Studio City senior notes offering valued at US$750 million

Studio City Finance Limited has announced that it has priced its international offering of senior notes due 2029 at US$750 million. The 5 percent senior notes will be due 2029.

Studio City Finance Limited Announces Pricing of Senior Notes Offering (release)

Related Articles

Studio City Phase 2 shortlisted for sustainable building award

Melco Resorts & Entertainment's Studio City Phase 2 has been shortlisted for a BREEAM award, an international prize recognizing excellence in sustainable building design. The resort is in the category Regional Award Asia.

Studio City sees breakeven at 30-35% of historical GGR

Studio City's gross gambling revenue in October and November was up about 146 percent compared with the third quarter and parent company Studio City Finance says it sees breakeven on an adjusted EBITDA level on reaching between 30 and 35 percent of historical GGR run rates.

Studio City may begin international offering of senior notes

Studio City Finance Limited has announced that it may soon conduct an international offering of senior notes. The interest rate and other terms of the new notes will be determined at the time of pricing of the notes offering.

Studio City continues VIP rolling chip operations

Studio City International Holdings announces the continuation of VIP rolling chip operations at the Studio City Casino until December 31, 2021.
news, asia gaming news, macau Gaming News

Melco’s Studio City stake edges higher

Melco International Resorts & Entertainment’s holding in the company that owns the Studio City Resort in Macau has edged higher following a recent share transaction.

Melco backs Studio City’s $500m placement

Melco Resorts & Entertainment said one of its units will take up all of its entitlement to shares in a $500 million private placement from Studio City International Holdings and will also buy up any remaining shares that are unsubscribed.

Moody’s says Asia operators have enough cash for a year

Nine listed gaming operators in the Asia Pacific region are likely to see a plunge of about 70 percent in EBITDA this year, but all should have sufficient cash to cover basic needs for the next year, Moody’s Investors Service said.