Melco’s Studio City adds support to Macau exchange with note listing

The Melco Group will have the largest amount of notes listed on Macau’s Financial Asset Exchange of any non-financial institution after Studio City Holdings announced the listing of $1.1 billion in 5 percent senior notes due 2029.

The notes were issued by Studio City Finance and have been given permission to trade from July 26. Melco Finance in June also announced the listing of notes on the exchange, which were first issued in December 2019 and January 2021.

Several of Macau’s operators have announced note listings on the exchange in recent months to support the development of the city’s financial services industry.