Melco Resorts to repay revolver borrowings with notes proceeds

By Sara Rosenberg

New York, July 14 – Melco Resorts Finance Ltd. plans to repay the principal amount outstanding under its revolving credit facility using proceeds from a senior notes offering, according to a news release.

Remaining proceeds from the notes will be used for general corporate purposes.

Melco is a Macau-based owner and operator of gaming and resort properties.

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