Melco Resorts subsidiary announces new senior notes offering

Melco’s unit has also announced a conditional cash tender offer for outstanding senior notes due in 2026.

Macau.- Melco Resorts Finance Limited, a wholly owned subsidiary of Melco Resorts & Entertainment, has announced plans for an international offering of senior notes and has initiated a conditional cash tender offer for its outstanding 5.250 per cent senior notes due 2026.

According to the announcement, the new senior obligations will rank equally with the subsidiary’s existing and future senior notes. Melco Resorts & Entertainment will not guarantee the new notes. Proceeds will cover the purchase of all outstanding existing notes in the conditional tender offer and the redemption of any notes which remain outstanding following completion.

For the first half of 2025, Melco International Development Limited posted net revenue of HK$19.96bn (US$2.56bn), up 12.4 per cent from the same period in 2024. Earnings before interest, taxes, depreciation, and amortisation totalled HK$5.37bn (US$688.5m), up from HK$4.49bn (US$575.6m).

The company reported profit attributable to owners of HK$350.8m (US$45m), compared to a loss of HK$253.2m (US$32.5m) in the same period in 2024. Basic earnings per share were HK$0.18 (US$0.023), up from a loss per share of HK$0.13 (US$0.017).

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See also: Melco International reports revenue increase in first half of the year

Melco’s unit has also announced a conditional cash tender offer for outstanding senior notes due in 2026. Macau.- Melco Resorts Finance Limited, a wholly owned subsidiary of Melco Resorts &…