{"id":8704,"date":"2020-08-04T22:14:11","date_gmt":"2020-08-04T22:14:11","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=8704"},"modified":"2026-04-24T03:05:03","modified_gmt":"2026-04-24T06:05:03","slug":"melco-to-make-us500m-notes-offering","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/melco-to-make-us500m-notes-offering","title":{"rendered":"Melco to make US$500m notes offering"},"content":{"rendered":"\n

Melco has announced an international offering of 5.750 per cent senior notes due 2028, with proceeds to be used for general corporate purposes.<\/p>\n\n\n\n\n\n\n\n

Macau.- Melco Resorts Finance Limited, a subsidiary of Melco Resorts & Entertainment, has announced it will be offering a new series of senior notes.<\/p>\n\n\n\n

It will make an international offering of 5.750 per cent senior notes due 2028, through which the company aims to raise about US$500 million.<\/p>\n\n\n\n

The proceeds will be used for general corporate purposes, the firm said in a press release.<\/p>\n\n\n\n

The new notes are to those offered in July <\/a><\/em><\/strong>, which aimed to raise US$500 million to pay an outstanding debt facility.<\/p>\n\n\n\n

Melco Resorts Finance does not intend to register any portion of the offering of the proposed notes.<\/p>\n\n\n\n

The company is expecting to post financial results for the second quarter of the year in the next few days, but analysts foresee negative results<\/a><\/em><\/strong> for all Macau casino operators.<\/p>\n","protected":false},"excerpt":{"rendered":"

Melco has announced an international offering of 5.750 per cent senior notes due 2028, with proceeds to be used for general corporate purposes.<\/p>\n","protected":false},"author":2,"featured_media":8706,"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 & Entertainment, has announced an international offering of US$500 million in 5.750 per cent senior notes due 2028. The proceeds are designated for general corporate purposes, following a prior offering used for debt repayment. This capital raise occurs amidst analyst predictions of negative Q2 financial results for all Macau casino operators.","focusai_entities":"Melco, Melco Resorts Finance Limited, Melco Resorts & Entertainment","focusai_location":"Macau","focusai_target_profile":"ceo_executive (0.9), operator_casino (0.9), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Capital Allocation Strategy?","query":"Given the anticipated negative Q2 results for Macau, how will the 'general corporate purposes' for these new senior notes differ from the previous offering's debt repayment, and what specific strategic initiatives will be prioritized to drive growth?"},{"label":"Impact on Valuation?","query":"What are the implications of this US$500 million senior notes offering, particularly with a 5.750% coupon, on Melco's debt-to-equity ratio and overall enterprise valuation, especially considering the challenging Macau market conditions?"}],"footnotes":""},"categories":[16338,163,158],"tags":[665],"class_list":["post-8704","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-east-asia-news","category-finance-news","category-slider-home","tag-melco"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/8704","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=8704"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/8704\/revisions"}],"predecessor-version":[{"id":8707,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/8704\/revisions\/8707"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/8706"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=8704"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=8704"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=8704"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}