{"id":19592,"date":"2021-06-29T15:48:57","date_gmt":"2021-06-29T15:48:57","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=19592"},"modified":"2026-04-23T18:07:23","modified_gmt":"2026-04-23T21:07:23","slug":"melco-resorts-lists-5-38-senior-notes-due-2029","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/melco-resorts-lists-5-38-senior-notes-due-2029","title":{"rendered":"Melco Resorts lists 5.38% senior notes due 2029"},"content":{"rendered":"\n

Melco Resorts has announced it is offering 5.375 per cent senior notes due 2029 issued by its subsidiary, Melco Resorts Finance Limited on the Chongwa (Macao) Financial Asset Exchange.<\/p>\n\n\n\n\n\n\n\n

Macau.- Melco Resorts has reported that it is offering 5.375 per cent senior notes <\/strong>due 2029 that were issued by Melco Resorts Finance in December 2019 and January 2021. <\/p>\n\n\n\n

Through a company filling, Melco Resorts said the listing demonstrates the\u00a0company\u2019s confidence in the city\u2019s further development<\/strong>\u00a0as a world-recognised financial hub and tourism centre.<\/p>\n\n\n\n

The notes were issued by Melco’s subsidiary, Melco Resorts Finance Limited (\u201cMelco Resorts Finance\u201d), on the Chongwa (Macao) Financial Asset Exchange (MOX).\u00a0<\/p>\n\n\n\n

Lawrence Ho<\/strong>, chairman and chief executive officer of Melco Resorts & Entertainment, said: \u201cWe gladly support the\u00a0diversified development of local Macau industries<\/strong>\u00a0through our wide-reaching of corporate social responsibility initiatives.\u00a0<\/p>\n\n\n\n

“We are pleased to back the local financial industry through our newly announced senior notes listing on the MOX as a solid confirmation of our support to the government\u2019s directions on the diversified development of Macau.\u201d\u00a0<\/p>\n\n\n\n

Last week, Morgan Stanley banking group <\/strong>predicted Melco Resorts & Entertainment<\/a> could raise its dividend payout to help Melco International Development fund plans for a non-gaming complex in Zhongshan<\/strong> in China\u2019s Guangdong province.<\/p>\n\n\n\n

Analysts said Melco Resorts had an HKD$2.2bn (US$283m) cash outflow<\/strong> commitment to the non-gaming complex.<\/p>\n\n\n\n

After sharing its results for the first quarter of the year 2020, Melco Resorts said it was suspending its quarterly-dividend programme to \u201cpreserve liquidity\u201d mainly due to struggles caused by the Covid-19 pandemic.<\/p>\n\n\n\n

Morgan Stanley reported in 2019 that Melco International received dividends by Melco Resorts of HKD$1.4bn and expects a dividend of HKD$1.0bn in 2022<\/strong> if the dividend programme is reinstated.<\/p>\n\n\n\n

As of the end of 2020, Melco Resorts had HKD$6.7bn net debt <\/strong>\u201cwith no real assets\u201d, so an additional cash commitment of almost HKD$2.2bn regarding the Zhongshan complex \u201cis not small.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

Melco Resorts has announced it is offering 5.375 per cent senior notes due 2029 issued by its subsidiary, Melco Resorts Finance Limited on the Chongwa (Macao) Financial Asset Exchange.<\/p>\n","protected":false},"author":176,"featured_media":18576,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Melco Resorts Finance Limited, a subsidiary of Melco Resorts, is offering 5.375% senior notes due 2029 on the Chongwa (Macao) Financial Asset Exchange (MOX). This move underscores Melco's confidence in Macau's development as a financial and tourism hub and aligns with government diversification initiatives, despite prior dividend suspensions and existing debt concerns related to a non-gaming complex in Zhongshan.","focusai_entities":"Melco Resorts, Melco Resorts Finance Limited, Melco Resorts & Entertainment, Melco International Development, Morgan Stanley, Chongwa (Macao) Financial Asset Exchange, Lawrence Ho","focusai_location":"Macau, Zhongshan, Guangdong province, China","focusai_target_profile":"ceo_executive (0.9), regulator (0.75), operator_casino (0.85), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Impact on Debt-to-Equity?","query":"How will the issuance of these senior notes, combined with the HKD$2.2bn commitment for the Zhongshan non-gaming complex, impact Melco Resorts' overall debt-to-equity ratio and future financing capacity?"},{"label":"Dividend Reinstatement Timeline?","query":"Given the senior notes offering and the capital requirements for the Zhongshan project, what is the revised outlook for Melco Resorts' dividend reinstatement and its potential magnitude for Melco International Development?"}],"footnotes":""},"categories":[157,16338],"tags":[23907,18488],"class_list":["post-19592","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","tag-land-based-casino","tag-melco-resorts"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/19592","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=19592"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/19592\/revisions"}],"predecessor-version":[{"id":19606,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/19592\/revisions\/19606"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/18576"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=19592"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=19592"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=19592"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}