Melco Resorts confirms refinancing efforts

Melco Resorts has disclosed that, while the company continues its refinancing process, it has set the price for its senior note international offering.

7.625 percent senior notes due in 2032 with an aggregate principal amount of US $750 million make up the offering.

The net proceeds from the offering will also be used by Melco Resorts Finance to reimburse a portion of the outstanding principal amount under the revolving credit facility.

It follows a time of expansion for Melco, which was helped along by a booming Macau sector.
 
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