Loan & DebtJun 9, 2026, 11:34 AM
Melco Resorts Extends Credit Facility to 2031, Totaling $2.77B
AI Summary
Melco Resorts & Entertainment Limited announced the extension of its HK$15.24 billion (approximately US$1.94 billion) revolving credit facility's maturity date from April 29, 2027, to June 9, 2031. Additionally, an incremental facility of HK$6.44 billion (approximately US$821.6 million) was established, increasing the total commitments under the 2020 Credit Facilities to HK$21.68 billion (approximately US$2.77 billion). The company confirmed that key terms, including pricing and financial covenants, remain unchanged.
Key Highlights
- Maturity date of HK$15.24B (US$1.94B) revolving credit facility extended from April 29, 2027, to June 9, 2031.
- Established an incremental facility of HK$6.44B (US$821.6M) under the 2020 Credit Facilities.
- Total commitments under the 2020 Credit Facilities now amount to HK$21.68B (US$2.77B).
- The extension and incremental facility were made pursuant to a third amended and restated facility agreement dated June 9, 2026.
- Key terms such as pricing and financial covenants for the credit facilities remain unchanged.
- Customary fees were paid to consenting lenders and incremental facility lenders.
Price Impact
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