Melco Resorts to redeem US$600m in senior notes in September
The casino operator continues to manage its debt structure.
Macau.- Melco Resorts Finance Limited, the financing subsidiary of casino operator Melco Resorts & Entertainment, will redeem its US$600m in 5.625 per cent senior notes due in 2027 on September 23. The company will pay 100 per cent of the notes’ principal amount, plus accrued and unpaid interest. Interest will stop accruing from the redemption date.
The notes were issued in 2019. The early repayment follows Melco Resorts Finance’s US$500m senior notes issuance in September 2025, which was used to fund a tender offer for notes due in 2026.
Melco Resorts & Entertainment operates casino resorts in Macau, the Philippines, Cyprus and Sri Lanka, including Studio City in Macau’s Cotai district.
