Studio City International Plans New Secured Notes to Refinance 2027 Debt

Studio City International Holdings ( (MSC) ) has provided an update.

On May 6, 2026, Studio City Company Limited announced plans for an international offering of senior secured notes, which will rank pari passu with its existing senior debt and be guaranteed on a senior basis by Studio City Investments Limited and its subsidiaries. The terms, including interest rate, will be set at pricing and issuance remains subject to market conditions, with no binding agreements in place yet.

The company intends to use the net proceeds, together with cash on hand, to fund a tender offer for any and all of its outstanding 7.00% senior secured notes due 2027 and to redeem any remaining notes thereafter. The move underscores Studio City’s ongoing liability management and capital structure optimization, aiming to refinance upcoming maturities and potentially lower funding costs for its Macau-focused resort operations.

Spark’s Take on MSC Stock

According to Spark, TipRanks’ AI Analyst, MSC is a Neutral.

The score is held back primarily by high leverage, ongoing net losses, and weak technical trend signals. Offsetting factors include a clear operational recovery with materially improved cash generation and a modest P/E that suggests some valuation support.

To see Spark’s full report on MSC stock, click here.

More about Studio City International Holdings

Studio City International Holdings is a Macau-based integrated resort operator focused on gaming, entertainment and leisure tourism. Through its wholly owned subsidiary Studio City Company Limited, it operates large-scale casino and hospitality facilities targeting both international visitors and the broader Macau gaming market.

Average Trading Volume: 8,103

Technical Sentiment Signal: Sell

Current Market Cap: $547.9M

See more insights into MSC stock on TipRanks’ Stock Analysis page.