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Hong Kong’s Melco plans international offering of eight-year notes
By Wendy Van Sickle
Columbus, Ohio, May 15 – Melco Resorts & Entertainment Ltd. subsidiary Melco Resorts Finance Ltd., formerly known as MCE Finance Ltd., plans to conduct an international offering of senior notes due 2025, according to a press release.
The interest rate and other terms will be set at pricing. The offering is subject to market conditions and investor interest.
has issued a contingent redemption notice for its 5% senior notes due 2021.
Melco plans to use proceeds to redeem its 5% senior notes due 2021 at a price of 102.5% of par on June 14.
Melco Resorts, formerly Melco Crown Entertainment Ltd., is a Hong Kong-based owner and developer of casino gaming and entertainment resort facilities.
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