Latham Advises Melco on New HK$14.85 Billion Senior Facilities Agreement

Proceeds will be used to refinance existing credit facilities and for general corporate and working capital purposes.

May 06, 2020

Latham & Watkins has advised MCO Nominee One Limited, a subsidiary of Melco Resorts & Entertainments Limited, on a new five year HK$14.85 billion Senior Revolving Facility. Melco Resorts intends to use the proceeds to refinance existing credit facilities and for general corporate and working capital purposes.

The bank syndicate providing the financing to MCO Nominee One Limited comprises of international banks as well as Chinese and Macanese banks. 

Latham’s finance team was led from Singapore by partner Timothy Hia and associate Kong Chuan Wei and from Hong Kong by partner Manas Chandrashekar with capital markets support from counsel Helena Kim.

 

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