Friday, March 29, 2024 - Login

Melco Resorts Finance to issue senior notes


Melco Resorts Finance, a subsidiary of Melco Resorts & Entertainment, is seeking to conduct an international offering of senior notes, which it says will be used to service a repayment on a revolving credit facility and for general corporate purposes. 

According to a filing, the new notes would be senior obligations of Melco Resorts Finance, ranking equally with all of Melco Resorts Finance’s existing and future senior indebtedness. Melco will not be a guarantor of the New Notes.

Melco Resorts Finance said the net proceeds will be used to make a repayment of the principal amount outstanding for a revolving credit facility made its subsidiary, MCO Nominee One on April 29, as well as for general corporate purposes. 

Asia Gaming Brief is a news and intelligence service providing up to date market information for worldwide executives on relevant gaming issues in Asia.

Contact us

ASIA GAMING BRIEF
PO Box 1139, Macau SAR
Tel: +853 2871 7267
Fax: +853 2871 7264

Asia Gaming Brief