Studio City Company announced results of its tender offer for any and all of its 7.00% senior secured notes due 2027, with US$196.4 million validly tendered.
Key takeaways
US$196.4 million aggregate principal of notes validly tendered by expiration.
Additional US$1.5 million subject to guaranteed delivery procedures.
Consideration of US$1,001.25 per US$1,000 principal for accepted notes.
Settlement expected on May 15, 2026, subject to conditions.
Deutsche Bank acted as dealer manager; Kroll as tender agent.