MACAU, Sept. 16, 2025 — Melco Resorts Finance Limited (“Melco Resorts Finance”), a wholly-owned subsidiary of Melco Resorts & Entertainment Limited (“Melco”), announced today that it has determined the pricing for its international offering of senior notes, referred to as the “New Notes” (with such offering being the “New Notes Offering”).
This offering encompasses US$500 million in aggregate principal amount of senior notes, carrying a 6.500% interest rate and maturing in 2033. The New Notes were priced at par, or 100%. Melco Resorts Finance plans to utilize the proceeds from the New Notes Offering to finance the conditional cash tender offer it announced on September 15, 2025. This tender offer aims to acquire any and all validly submitted outstanding 5.250% senior notes due 2026 (identified by CUSIP Numbers 58547D AB5 and G5975L AC0; ISIN US58547DAB55 and USG5975LAC03), which are termed the “Existing Notes” (with the conditional tender offer being the “Conditional Tender Offer”). Furthermore, funds will be allocated to cover fees and expenses associated with both the proposed New Notes Offering and the Conditional Tender Offer. Should any capital remain, Melco Resorts Finance intends to redeem in full any Existing Notes that are still outstanding subsequent to the Conditional Tender Offer’s conclusion (if the company opts to redeem such remaining Existing Notes), and any residual amounts will be used for general corporate purposes.
The New Notes are structured as senior obligations of Melco Resorts Finance, and they will rank equally in priority with all of Melco Resorts Finance’s current and future senior debt. Melco will not serve as a guarantor for these New Notes.
The New Notes are being offered and sold in the United States exclusively to qualified institutional buyers, pursuant to Rule 144A under the U.S. Securities Act of 1933, as amended (the “Securities Act”). Outside of the United States, they are being offered in reliance on Regulation S under the Securities Act. The New Notes have not been, and will not be, registered under the Securities Act or under the securities laws of any state or other jurisdiction. Consequently, they may not be offered or sold in the United States without registration or an applicable exemption from the registration requirements of the Securities Act and any relevant state laws. Melco Resorts Finance does not plan to register any segment of the New Notes offering in the United States.
This press release is issued solely for informational purposes and does not constitute an invitation or an offer to acquire, purchase, or subscribe for the securities mentioned herein. Nothing contained within this press release should be interpreted as an offer to buy, or a solicitation of an offer to sell, securities in the United States or any other jurisdiction where such an offer or solicitation would be deemed unlawful. This press release is being disseminated in accordance with Rule 135c under the Securities Act.
Safe Harbor Statement
This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Any statements that are not historical facts, including those regarding Melco Resorts Finance’s beliefs and expectations, are considered forward-looking statements. Such statements inherently involve risks and uncertainties, and several factors could cause actual results to differ materially from those expressed in any forward-looking statement. These factors include, but are not limited to: (i) risks associated with the amended Macau gaming law and its implementation by the Macau government; (ii) changes in the gaming market and visitor numbers in Macau; (iii) volatility within capital and credit markets; (iv) local and global economic conditions; (v) our anticipated growth strategies; (vi) approvals and regulations from gaming authorities and other governmental bodies; and (vii) our future business development, operational results, and financial condition. In some instances, forward-looking statements can be identified by terms or phrases such as “may”, “will”, “expect”, “anticipate”, “target”, “aim”, “estimate”, “intend”, “plan”, “believe”, “potential”, “continue”, “is/are likely to”, or other similar expressions. Any forward-looking statements made in the New Notes Offering documents or the Conditional Tender Offer documents are valid only as of their respective dates, and all information provided in this press release is current as of the date of this press release. Melco Resorts Finance does not undertake any obligation to update such information, except as mandated by applicable law.
For investment community, please contact:
Jeanny Kim
Senior Vice President, Group Treasurer
Tel: +852 2598 3698
Email: jeannykim@melco-resorts.com
For media enquiries, please contact:
Chimmy Leung
Executive Director, Corporate Communications
Tel: +852 3151 3765
Email: chimmyleung@melco-resorts.com
