Loan & DebtJun 8, 2026, 06:07 AM
Studio City Redeems & Cancels All $153.6M Senior Secured Notes
AI Summary
Studio City Company Limited announced the full redemption and cancellation of its outstanding 7.000% senior secured notes due 2027. The company redeemed an aggregate principal amount of US$153,579,000, which constituted approximately 43.9% of the initial aggregate principal amount. Following the cancellation of these notes on June 5, 2026, no notes from this series remain outstanding.
Key Highlights
- Studio City Company Limited redeemed US$153,579,000 of its 7.000% senior secured notes due 2027.
- The redeemed amount represents approximately 43.9% of the initial aggregate principal amount of the Notes.
- All redeemed notes have been canceled by the company.
- No 7.000% senior secured notes due 2027 remain outstanding after the cancellation.
- The redemption date for these notes was June 5, 2026.
Price Impact
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