George Choi

John DeCree

Praveen Choudhary

Joseph Stauff

Luis Chinchilla

Luis Ricardo Chinchilla

Vitaly Umansky

Ricardo Chinchilla

Simon Cheung

- **Melco Resorts Finance**, a wholly-owned subsidiary of Melco Resorts & Entertainment Limited, priced an international offering of **US$500 million** aggregate principal amount of **6.500% senior notes due 2033**.  **[1381640_0001193125-25-204885_d913373dex991.htm:1]** 
- The new notes were priced at **100%**.  **[1381640_0001193125-25-204885_d913373dex991.htm:1]** 
- Proceeds from the offering are intended to fund a conditional cash tender offer for its outstanding **5.250% senior notes due 2026**, cover related fees, and for general corporate purposes.  **[1381640_0001193125-25-204885_d913373dex991.htm:1]** 
- The new notes will be senior obligations of Melco Resorts Finance, with the parent company, Melco Resorts & Entertainment Limited, **not** acting as a guarantor.  **[1381640_0001193125-25-204885_d913373dex991.htm:1]**

Melco Resorts Finance Prices Senior Notes Offering

- **Melco Resorts Finance**, a wholly-owned subsidiary of Melco Resorts & Entertainment Limited, has announced a **proposed international offering of senior notes**.  **[1381640_0001193125-25-202919_d945096dex991.htm:0]** 
- Concurrently, the company has launched a **conditional cash tender offer** for its **5.250% senior notes due 2026**.  **[1381640_0001193125-25-202919_d945096dex991.htm:0]** 
- The tender offer is **conditional upon the successful completion of the New Notes Offering**, with proceeds intended to fund the purchase and redemption of the existing notes.  **[1381640_0001193125-25-202919_d945096dex991.htm:0]** 
- The **tender offer expires on September 19, 2025**, with an expected settlement date of **September 24, 2025**, offering **US$1,000** per US$1,000 principal amount of Existing Notes.  **[1381640_0001193125-25-202919_d945096dex991.htm:0]**

Melco Resorts Finance Announces Proposed Senior Notes Offering and Conditional Tender Offer

- Melco Resorts Finance Limited reported a **16.2% increase** in total operating revenues to **US$1.17 billion** and net income of **US$14.1 million** for the second quarter of 2025, compared to the same period in 2024.  **[1381640_0001193125-25-191658_d26861dex991.htm:6]** 
- Net cash provided by operating activities significantly increased to **US$136.4 million** for Q2 2025, up from US$32.9 million in Q2 2024.  **[1381640_0001193125-25-191658_d26861dex991.htm:8]** 
- The company repaid **US$1.00 billion** of 2025 Senior Notes at maturity on June 6, 2025, utilizing proceeds from the 2020 Credit Facilities drawdown.  **[1381640_0001193125-25-191658_d26861dex991.htm:10]** 
- An impairment in goodwill of **US$55.6 million** was recorded in Q2 2025, primarily due to the planned cessation of operations at the Grand Dragon Casino and three Mocha Clubs before the end of 2025.  **[1381640_0001193125-25-191658_d26861dex991.htm:6]** **[1381640_0001193125-25-191658_d26861dex991.htm:7]**

Melco Resorts Finance Reports Strong Q2 2025 Results Amidst Operational Changes

Melco Resorts & Entertainment (MLCO)