Melco Resorts redeems $600M in debt due 2027
The redeemed notes accounted for 100% of the aggregate principal amount at initial listing, and the subsidiary canceled them all.
Rhea-AI Filing Summary
Melco Resorts & Entertainment Limited (MLCO) reported that its subsidiary, Melco Resorts Finance Limited, completed redemption of US$600,000,000 aggregate principal amount of its outstanding 5.625% senior notes due 2027 on September 23, 2026. The subsidiary canceled all redeemed notes; they represented 100% of the aggregate principal amount of notes at the time of initial listing, and no notes remain outstanding.
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Key Figures
Principal amount redeemed: US$600,000,000
Interest rate: 5.625%
Maturity year: 2027
+3 more
6 metrics
Principal amount redeemed
US$600,000,000
5.625% senior notes due 2027; redeemed September 23, 2026
Interest rate
5.625%
Senior notes due 2027
Maturity year
2027
Senior notes redeemed September 23, 2026
Principal amount redeemed
100%
Share of the aggregate principal amount of notes at the time of initial listing
Notes outstanding
0 notes
After cancellation of the redeemed notes
Redemption date
September 23, 2026
Date the notes were redeemed
Key Terms
aggregate principal amount, senior notes, Redeemed Notes
3 terms
aggregate principal amount financial
"redeemed an aggregate principal amount of US$600,000,000"
The aggregate principal amount is the total amount of money borrowed through a bond or loan that the borrower promises to repay. It’s like the original price tag on a loan or bond, showing how much money is involved in the deal. This number matters because it indicates the size of the debt and helps investors understand the scale of the borrowing.
senior notes financial
"outstanding 5.625% senior notes due 2027"
Senior notes are a type of loan that a company borrows from investors, promising to pay it back with interest. They are called "senior" because in case the company faces financial trouble, these lenders are paid back before others. This makes senior notes safer for investors compared to other types of loans or bonds.
Redeemed Notes financial
"such Notes which have been redeemed as described herein"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How much debt did MLCO's subsidiary redeem?
Melco Resorts Finance Limited redeemed US$600,000,000 aggregate principal amount of its outstanding 5.625% senior notes due 2027 on September 23, 2026.
How many of MLCO's subsidiary's 2027 notes remain outstanding?
No notes remain outstanding after Melco Resorts Finance Limited canceled all of the redeemed notes.
AI-generated analysis. How Rhea-AI works. Not financial advice.