Loan & DebtJun 18, 2026, 04:37 PM
Studio City Finance to Redeem $165M Senior Notes
AI Summary
Studio City Finance Limited announced a partial redemption of US$165,000,000 of its US$500,000,000 6.500% Senior Notes due 2028. The redemption will occur on July 18, 2026, at a price of 100.000% of the principal amount, plus accrued and unpaid interest. Holders must surrender their notes to the paying agent to receive payment.
Key Highlights
- Studio City Finance to redeem US$165,000,000 of its 6.500% Senior Notes due 2028.
- The redemption price is 100.000% of the principal amount plus accrued and unpaid interest.
- Accrued and unpaid interest is US$0.5417 per US$1,000 principal amount of Notes.
- The redemption date is fixed for July 18, 2026.
- Interest on the redeemed Notes will cease to accrue on and after the Redemption Date.
Price Impact
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