Examples of Studio City Finance in a sentence
Studio City Finance Limited (the “Company”) was incorporated in the British Virgin Islands (“BVI”) on September 28, 2011.
The indenture governing the Studio City Notes also contain certain covenants that, subject to certain exceptions and conditions, restrict the payment of dividends for Studio City Finance and its restricted subsidiaries.
The authorized share capital of Studio City Finance Limited was 50,000 shares of US$1 par value per share, as of June 30, 2014 and December 31, 2013, 1 share of US$1 par value per share was issued and fully paid.
Any forward-looking statements made in the Notes offering documents speak only as of the date thereof and all information provided in this press release is as of the date of this press release, and Studio City Finance does not undertake any duty to update such information, except as required under applicable law.
The Conditional Tender Offer was conditional upon, among other things, Studio City Finance raising sufficient funding from the completion of one or more financing transactions, together with cash on hand, to fund the purchase of validly tendered notes.
Studio City Finance Limited is a 60% owned subsidiary of Melco Resorts & Entertainment Limited.
Studio City Finance Limited is a subsidiary of Melco Crown Entertainment Limited.
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Studio City Finance is not obligated to redeem Existing Notes that are not tendered and accepted in the Conditional Tender Offer, and there can be no assurance it will do so.
Studio City Finance lent the principal amount of the Existing Notes of US$825 million as the Studio City Intercompany Note and advanced at discounted price of 73.61% to Studio City Investments.