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Studio City's Subsidiary Enters into Senior Credit Facilities Agreement
Dec 02, 2024•over 1 year ago
Contract Type
agreement
MacauHospitality
Description
Studio City International Holdings Limited's s Subsidiary, Studio City Company Limited, has entered into a senior credit facilities agreement and an amendment and restatement agreement with Bank of China Limited, Macau Branch. The 2024 Credit Facilities Agreement provides access to HK$1.945 billion (US$250.0 million) in revolving credit facilities for a term of five years to refinance outstanding indebtedness and for general corporate and working capital purposes. Additionally, an amendment and restatement agreement was made to align certain terms of the Existing Credit Facilities with the terms of the 2024 Credit Facilities Agreement.
Company Information
Company
Studio City International Holdings Limited
Location
Macau, China
About
Studio City International Holdings Limited is a world-class integrated resort located in Cotai, Macau.
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MacauHospitality