Melco Resorts Finance Schedules Full Redemption of US$600 Million 5.625% Senior Notes Due 2027
TL;DR — Melco Resorts Finance Ltd will redeem in full its US$600-million in 5.625-percent senior notes due in 2027 on September 23, 2026. Redemption is at 100 percent of their principal amount plus accrued and unpaid interest. Interest on the notes will cease to accrue on and after September 23 provided the issuer does not default on payment of the redemption price.
SCCG Take — The redemption retires near-term debt following recent refinancings by the multi-jurisdictional operator. It signals continued focus on maturity management across Melco’s capital structure.
Melco Resorts Finance Ltd will redeem in full its US$600 million in 5.625-percent senior notes due in 2027. The redemption is scheduled for September 23, 2026.
The subsidiary of casino operator Melco Resorts & Entertainment Ltd issued a notice of redemption on Monday, according to a filing with the United States Securities and Exchange Commission, as reported by GGRAsia. The notes will be redeemed at 100 percent of principal amount plus accrued and unpaid interest and any additional amounts up to the redemption date. Interest on the notes will cease to accrue on and after September 23, 2026, provided the issuer does not default on payment.
Issuance and Operational Context
The notes were issued under an indenture dated July 17, 2019, with Deutsche Bank Trust Company Americas acting as trustee, paying agent, registrar and transfer agent. Melco Resorts develops and operates casino resorts in Macau, the Philippines, Cyprus and Sri Lanka.
Related Debt Actions
In September 2025, Melco Resorts Finance issued US$500 million in 6.500-percent senior notes due in 2033. Proceeds from that issuance funded a cash tender offer for senior notes due 2026.
Separately, Studio City Finance Ltd completed the partial redemption of US$165 million of its outstanding 6.500-percent senior notes due in 2028 last month. Following cancellation of the redeemed notes, US$335 million of the 6.500-percent senior notes due in 2028 remain outstanding. Studio City Finance is the financing vehicle associated with Studio City, the casino resort in Macau’s Cotai district promoted by Melco Resorts & Entertainment Ltd.
Reporting: GGRAsia
Generated by SCCG’s automated editorial system from published source reporting. SCCG Management holds editorial responsibility.
This is capital structure housekeeping — Melco is managing maturities proactively, not scrambling, a sign of operational confidence.
We watch debt moves closely because they reveal operator confidence and access to capital. Melco's early redemption of these 5.625% notes — at par, no drama — follows a fresh $500M issuance in September. That's smart maturity management across a multi-jurisdictional portfolio, not distress. It tells us they're planning ahead.
- $600M in 5.625% notes due 2027 redeemed September 23, 2026 at 100% of principal
- Follows September 2025 issuance of $500M in 6.50% notes due 2033
- Part of broader liability management across Melco's Macau, Philippines, Cyprus, Sri Lanka footprint
SCCG angle: SCCG works with operators and investors across Asia-Pacific and beyond. When our clients are evaluating refinancing windows or capital partners for multi-market expansion, we connect them to the bankers, advisors, and institutional players who understand regional debt markets and maturity ladders. This Melco move is a textbook example of proactive balance sheet work we help clients think through.
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