Brief: Studio City Announces Private Placement Offers

Studio City International Holdings

07/07/2020 14:01

July 7 (Reuters) - Studio City International Holdings Ltd
 MSC.N :
    * STUDIO CITY ANNOUNCES PRIVATE PLACEMENT OFFERS
    * STUDIO CITY INTERNATIONAL HOLDINGS - COMMENCED SERIES OF
PRIVATE
OFFERS OF CLASS A ORDINARY SHARES AT $3.89 PER CLASS A SHARE
    * STUDIO CITY INTERNATIONAL - MSC COTAI IS OFFERING NEW
COTAI, LLC
A RIGHT TO ACQUIRE ADDITIONAL PARTICIPATION INTEREST IN MSC
COTAI
    * STUDIO CITY - MELCO RESORTS & ENTERTAINMENT THROUGH UNIT
INDICATED THAT IT WILL BUY ALL CLASS A SHARES OFFERED TO IT IN
PRIVATE PLACEMENTS
    * STUDIO CITY - UPON COMPLETION OF PRIVATE PLACEMENTS, WILL
GET
PROCEEDS OF NO LESS THAN $450 MILLION & UP TO ABOUT $500 MILLION

Source text for Eikon:  ID:nGNXbsRYJb 
Further company coverage:  MSC.N 

 ((Reuters.Briefs@thomsonreuters.com;))