• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Sunday 29 June 2025
  • zh-hant 中文
  • ja 日本語
  • en English
IAG
Advertisement
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
  • 日本語
No Result
View All Result
IAG
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
  • 日本語
No Result
View All Result
IAG
No Result
View All Result

Studio City Finance announces proposed Senior Notes Offering and Conditional Tender Offer

Ben Blaschke by Ben Blaschke
Wed 23 Jan 2019 at 04:55
Studio City Finance announces proposed Senior Notes Offering and Conditional Tender Offer
1
SHARES
26
VIEWS
Print Friendly, PDF & Email

Studio City Finance Limited, the subsidiary of Studio City International Holdings that developed Macau integrated resort Studio City and operates its non-gaming businesses, has announced a proposed international offering of senior notes and a subsequent tender offer.

In an SEC filing, Studio City Finance said that net proceeds from the Notes Offering will be used to fund its Conditional Tender Offer, to redeem in full any existing notes which remain outstanding, to pay all associated fees and costs and for general corporate purposes including working capital and debt repayment.

The notes would be general obligations of Studio City Finance, “ranking equally with all of Studio City Finance’s existing and future senior indebtedness.” Interest rates and terms are yet to be determined.

Studio City Finance added that it has already initiated its conditional cash tender offer for any and all of its outstanding 8.500% senior notes due 2020.

The Conditional Tender Offer is conditional upon, among other things, the successful completion by Studio City Finance of “one or more” debt financing transactions which, alongside cash on hand, would give it the required funding.

The conditional tender offer will conclude on 4 February 2019.

The Macau government last year granted Melco Resorts, the majority owner of Studio City International Holdings, a deadline extension until 24 July 2021 for its planned development of Studio City Phase 2 which is expected to be comprised entirely of non-gaming offerings.

 

 

 

 

 

RelatedPosts

Macau ranks first in China Tourism Academy’s “2024 Chinese Travellers Outbound Satisfaction Top 10 Destinations”

Macau ranks first in China Tourism Academy’s “2024 Chinese Travellers Outbound Satisfaction Top 10 Destinations”

Sun 29 Jun 2025 at 09:57
Charles Seo – Opportunity knocks

Charles Seo – Opportunity knocks

Fri 27 Jun 2025 at 13:03
Macau hotel room rates soar ahead of Chinese New Year holidays

Macau’s hotel occupancy rate rises 4.5 percentage points to 87.8% in May

Thu 26 Jun 2025 at 19:24
South Shore shareholders convene SGM to vote on winding up of the company

THE 13’s new owner revealed to be family of Rio Hotel chair Loi Keong Kuong

Thu 26 Jun 2025 at 19:23
Load More
Tags: MacauMelco Resorts & EntertainmentStudio CityStudio City finance
ShareShare
Ben Blaschke

Ben Blaschke

A former sports journalist in Sydney, Australia, Ben has been Managing Editor of Inside Asian Gaming since early 2016. He played a leading role in developing and launching IAG Breakfast Briefing in April 2017 and oversees as well as being a key contributor to all of IAG’s editorial pursuits.

Current Issue

Editorial – An inconvenient truth

Editorial – An inconvenient truth

by Ben Blaschke
Fri 27 Jun 2025 at 15:21

It’s understandable that political observers, academics and members of the public in greenfield jurisdictions would express caution around the legalization...

Light & Wonder’s Siobhan Lane

Light & Wonder’s Siobhan Lane

by Ben Blaschke
Fri 27 Jun 2025 at 15:19

Siobhan Lane, Light & Wonder’s highly experienced CEO of Gaming, speaks to Inside Asian Gaming about the company’s ongoing transformation...

Honesty is the best policy

Honesty is the best policy

by Ben Blaschke
Fri 27 Jun 2025 at 14:13

The Thailand Entertainment Complex Roundtable brought industry stakeholders, politicians and supporters of the government’s Entertainment Complex Bill face to face...

Sri Lanka’s casino industry

Sri Lanka’s casino industry

by Shaun McCamley
Fri 27 Jun 2025 at 13:36

Industry veteran Shaun McCamley delves into the complex history of Sri Lanka’s casino industry at a time when the country...

Evolution Asia
Aristocrat
GLI
SABA
Mindslot
Solaire
Hann
Tecnet
NWR
Jumbo
568Win

Related Posts

Renowned gaming lawyer Jamie Nettleton to represent IMGL on Judging Panel for inaugural RTG Global Awards

Renowned gaming lawyer Jamie Nettleton to represent IMGL on Judging Panel for inaugural RTG Global Awards

by Newsdesk
Sun 29 Jun 2025 at 17:53

Leading gambling law and regulation conference Regulating the Game has announced Jamie Nettleton – Partner at Addisons in Sydney and representing the International Masters of Gaming Law (IMGL) – as a judge for the inaugural RTG Global Awards, taking place...

Cambodia’s Hun Sen expected to hand over to son Hun Manet after maintaining power in controversial election

Exiled Cambodian opposition leader alleges Hun Sen’s Thailand fight sparked by fear of losing casino, scam-based revenue streams

by Newsdesk
Sun 29 Jun 2025 at 17:49

The exiled former leader of Cambodia’s opposition party, Sam Rainsy, has accused the country’s long-time Prime Minister Hun Sen of causing conflict with Thailand due to fear that its neighbor is cracking down on locally-based criminal networks that have funded...

Bhumjaithai-dominated Thai senate calls on government to dump casino bill

Bhumjaithai-dominated Thai senate calls on government to dump casino bill

by Newsdesk
Sun 29 Jun 2025 at 17:47

The Thai senate committee reviewing the controversial Entertainment Complex Bill has urged the government to withdraw the draft legislation, arguing that it may violate sections of the 2017 Constitution, according to The Bangkok Post. The committee stated late last week...

SM Prime Holdings to expand Philippines MICE offering in Cebu and Manila

SM Prime Holdings to expand Philippines MICE offering in Cebu and Manila

by Newsdesk
Sun 29 Jun 2025 at 17:45

Philippines property developer SM Prime Holdings is expanding its MICE footprint by way of a new convention center in Cebu and expanded footprint in Pasay, Manila. The company explained by way of a Friday announcement that the projects represent a...



IAG

© 2005-2024
Inside Asian Gaming.
All rights reserved.

  • SUBSCRIBE FREE
  • NEWSFEED
  • MAG ARTICLES
  • VIDEO
  • OPINION
  • TAGS
  • REGIONAL
  • EVENTS
  • CONSULTING
  • CONTRIBUTORS
  • MAGAZINES
  • ABOUT
  • CONTACT
  • ADVERTISE
  • 日本語

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • 日本語
  • Subscribe
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
  • Events
  • Contributors
  • Magazines
  • Advertise
  • Contact
  • About
  • Home for G2E Asia

© 2005-2024
Inside Asian Gaming.
All rights reserved.

  • English
  • 日本語