MSC · Studio City International Holdings Limited

Studio City Company Limited has successfully satisfied the financing condition for its conditional cash tender offer targeting any and all of its outstanding 7.00% senior secured notes due 2027 (CUSIP G8539E AC9 / 86400G AC3). This development allows the company to proceed with the repurchase of US$196,421,000 in aggregate principal amount tendered by the expiration time of 5:00 p.m. New York City time on May 12, 2026, with settlement completed on May 15, 2026. Holders received US$1,001.25 per US$1,000 principal amount, plus accrued and unpaid interest up to but excluding the settlement date. The tendered notes will be cancelled, reducing the outstanding principal to US$153,579,000. Critically, all remaining notes are scheduled for full redemption on June 5, 2026, at a redemption price of US$1,000 per US$1,000 principal, plus accrued interest and any additional amounts. This effectively eliminates the entire 2027 SCC Senior Secured Notes issuance imminently, providing debt reduction certainty for investors. The offer was managed by Deutsche Bank AG, Singapore Branch as dealer manager and Kroll Issuer Services Limited as tender agent, with full terms detailed in the Offer to Purchase dated May 6, 2026.