StockWatch
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Hotels & Motels
Loan & DebtJul 21, 2026, 06:07 AM

Studio City Finance Redeems $165M of 6.500% Senior Notes Due 2028

AI Summary

Studio City Finance Limited announced the partial redemption of its 6.500% senior notes due 2028. The company redeemed an aggregate principal amount of US$165,000,000, which represents 33% of the notes outstanding at the time of initial listing. All redeemed notes have been canceled, leaving US$335,000,000 in principal amount of the notes still outstanding.

Key Highlights

  • Studio City Finance Limited redeemed US$165,000,000 of its 6.500% senior notes due 2028.
  • The redeemed notes represent 33% of the aggregate principal amount of Notes at initial listing.
  • All redeemed notes have been canceled by the Company.
  • An aggregate principal amount of US$335,000,000 of the Notes remains outstanding.
  • The redemption date was July 18, 2026.