{"id":7952,"date":"2020-07-08T21:48:09","date_gmt":"2020-07-08T21:48:09","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=7952"},"modified":"2026-04-24T03:48:31","modified_gmt":"2026-04-24T06:48:31","slug":"melco-commits-us500m-to-studio-city","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/melco-commits-us500m-to-studio-city","title":{"rendered":"Melco commits US$500m to Studio City"},"content":{"rendered":"\n<p>The operator could end up increasing its stake in the Cotai integrated resort.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Macau.- Melco Resorts &amp; Entertainment Limited will acquire a series of private placement offers to support its integrated resort in Cotai, Studio City.&nbsp;<\/p>\n\n\n\n<p>Melco\u2019s subsidiary in Macau, MCO Cotai Investments Limited, will purchase the series A shares offered by Studio City International Holdings to existing shareholders at a price of US$3.89 each.<\/p>\n\n\n\n<p>In addition, Melco said it \u201cwill purchase the maximum number of Unsubscribed Securities available for purchase,\u201d which could lead it to increase its participation in Studio City\u2019s operator.<\/p>\n\n\n\n<p>Studio City International Holdings will receive between US$450 million and US$500 million for the transactions.<\/p>\n\n\n\n<p>Melco not only operates but is also the majority owner of the integrated resort in Cotai. Earlier this year the company said the expansion planned for Studio City <strong><em><a aria-label=\"undefined (opens in a new tab)\" href=\"https:\/\/focusgn.com\/asia-pacific\/casino-construction-postponed-macau\" target=\"_blank\" rel=\"noreferrer noopener\">had been delayed due to the Covid-19<\/a><\/em><\/strong> pandemic.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The operator could end up increasing its stake in the Cotai integrated resort.<\/p>\n","protected":false},"author":2,"featured_media":7954,"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 & Entertainment, through its subsidiary MCO Cotai Investments, is increasing its ownership stake in Studio City International Holdings, the operator of the Studio City integrated resort in Macau. This strategic move involves acquiring Series A shares via a private placement, potentially reaching maximum unsubscribed securities, injecting US$450-500 million into Studio City. The transaction solidifies Melco's control over the Cotai property, which previously saw its expansion plans delayed.","focusai_entities":"Melco Resorts & Entertainment Limited, MCO Cotai Investments Limited, Studio City International Holdings, Studio City","focusai_location":"Macau, Cotai","focusai_target_profile":"ceo_executive (1.0), operator_casino (0.9), investor_analyst (1.0), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Impact on GGR\/NGR?","query":"What is the projected impact of this increased stake on Studio City's GGR and NGR contributions to Melco's consolidated financials, particularly given the prior expansion delays?"},{"label":"Expansion Timeline & Capex?","query":"How does this capital injection and ownership consolidation influence the revised timeline and scope for Studio City's delayed Phase 2 expansion, and what are the associated capex implications?"}],"footnotes":""},"categories":[16338,163],"tags":[665,22113],"class_list":["post-7952","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-east-asia-news","category-finance-news","tag-melco","tag-studio-city"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/7952","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\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=7952"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/7952\/revisions"}],"predecessor-version":[{"id":7972,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/7952\/revisions\/7972"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/7954"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=7952"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=7952"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=7952"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}