Melco Resorts Finance Announces Pricing of Senior Notes Offering

World News: . []

MACAU, April 18, 2019 (GLOBE NEWSWIRE) -- Melco Resorts Finance Limited (“”) announces that it has priced its international offering of senior notes (the “”). Melco Resorts Finance is a wholly-owned subsidiary of Melco Resorts & Entertainment Limited (“”). The offering consists of US$500 million aggregate principal amount of 5.250% senior notes due 2026. The New Notes were priced at 100%. Melco Resorts Finance intends to use the net proceeds from the offering to make a partial repayment of the principal amount outstanding under the revolving credit facility under the amended and restated credit facilities entered into by Melco Resorts (Macau) Limited, a subsidiary of Melco Resorts Finance, in 2015.

The New Notes are proposed to be senior obligations of Melco Resorts Finance, ranking equally with all of Melco Resorts Finance’s existing and future senior indebtedness. Melco will not be a guarantor of the New Notes.

The New Notes are being offered and sold in the United States to qualified institutional buyers pursuant to Rule 144A under the U.S. Securities Act of 1933, as amended (the “”), and outside of the United States in reliance on Regulation S under the Securities Act. The New Notes will not be registered under the Securities Act or under the securities laws of any state or other jurisdiction and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and any applicable state laws. Melco Resorts Finance does not intend to register any portion of the offering of the proposed New Notes in the United States.

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Globe Newswire: 18:41 GMT Wednesday 17th April 2019

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