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Prospect News home > News index > List of issuers S > Headlines for Study City International Holdings Ltd. > News item
Published on 7/7/2020 in the Prospect News Emerging Markets Daily.

Macau’s Studio City plans one or more tranches of new notes

By Rebecca Melvin

New York, July 7 – Studio City Finance Ltd., a wholly owned subsidiary of Study City International Holdings Ltd., plans to price an international offering of senior notes (B1/BB-) in one or more tranches, according to a company news release.

The proceeds from the offering will be used to redeem in full the outstanding 2016 7¼% senior secured notes due 2021 issued by Studio City Co. and to pay fees and costs related to the transactions as well as partially fund capital expenditures for Studio City.

The gaming and entertainment company is based in Macau.


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