Melco Resorts & Entertainment (MLCO) has released an update.
Melco Resorts Finance Limited is planning an international offering of senior notes to repay part of their outstanding debt under a revolving credit facility and for general corporate purposes. The notes will rank equally with existing senior indebtedness, and the interest rate will be set upon pricing, subject to market and investor conditions. The offering is not guaranteed and will not be registered in the U.S., targeting qualified institutional buyers.
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