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Melco Resorts Finance plans senior notes offering
By Wendy Van Sickle
Columbus, Ohio, July 13 – Melco Resorts Finance Ltd. plans to conduct an international offering of senior notes, according to a news release.
Proceeds will be used to repay borrowings outstanding under the revolving credit facility under the senior facilities agreement entered into by MCO Nominee One Ltd., a subsidiary of Melco Resorts Finance, on April 29, and for general corporate purposes. Melco Resorts Finance is a wholly-owned subsidiary of Melco Resorts & Entertainment Ltd.
Completion of the proposed offering is subject to market conditions and investor interest.
Melco is a Macau-based owner and operator of gaming and resort properties.
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