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-0.0137614678899082 -0.0137614678899082 0.0229357798165138 0.0229357798165138 0.0229357798165138 0.0229357798165138 -0.0351681957186544 -0.0351681957186544
Stock impact report

Studio City Enters into Senior Facilities Agreement

Studio City International Holdings Limited American depositary shares, each representing four Class A ordinary shares (MSC) 
Last studio city international holdings limited american depositary shares, each representing four class a ordinary shares earnings: 2/20 07:58 am Check Earnings Report
Company Research Source: GlobeNewswire
MACAU, Dec. 02, 2024 (GLOBE NEWSWIRE) -- Studio City International Holdings Limited (NYSE: MSC) (“Studio City” or the “Company”), a world-class integrated resort located in Cotai, Macau, today announces that the Company’s subsidiary, Studio City Company Limited (“Studio City Company”), has entered into a senior credit facilities agreement, dated November 29, 2024, with a syndicate of banks (the “2024 Credit Facilities Agreement”). Under the terms of the 2024 Credit Facilities Agreement, lenders have made available to Studio City Company HK$1.945 billion (equivalent to approximately US$250.0 million) in revolving credit facilities for a term of five years (the “Senior Revolving Facility”). The Credit Facility Agreement also provides an option to increase the commitments under the Senior Revolving Facility in an amount not exceeding US$100 million for Studio City Company to incur further indebtedness under the Senior Revolving Facility, subject to the satisfaction of certain condition Show less Read more
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