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Studio City International Retires Majority of 7% 2027 Notes After Tender Offer Completion

Story Highlights
  • Studio City Company settled a cash tender offer on May 15, 2026, buying back US$196.421 million of its 7.00% senior secured notes due 2027 at a small premium.
  • After cancelling repurchased notes, Studio City will redeem the remaining US$153.579 million of 2027 notes at par on June 5, 2026, effectively retiring the entire series.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Studio City International Retires Majority of 7% 2027 Notes After Tender Offer Completion

Meet Samuel – Your Personal Investing Prophet

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

On May 15, 2026, Studio City Company Limited reported that the financing condition for its previously announced cash tender offer for any and all of its 7.00% senior secured notes due 2027 had been satisfied, with the offer itself having expired on May 12, 2026. By the expiration time, US$196.421 million of the notes had been validly tendered, and settlement for accepted notes occurred on May 15, 2026 at US$1,001.25 per US$1,000 principal amount, plus accrued interest.

Following settlement, Studio City Company will cancel all purchased notes, leaving US$153.579 million of the 2027 notes outstanding, which will remain in place and continue to accrue interest until their scheduled redemption. In line with a previously issued conditional redemption notice, the company plans to redeem all remaining 2027 notes on June 5, 2026 at par plus accrued and unpaid interest and any applicable additional amounts, effectively retiring this tranche of debt and simplifying its capital structure.

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 Limited, through its subsidiary Studio City Company Limited, operates in the Macau integrated resort and gaming sector, focusing on casino gaming, hospitality and entertainment offerings aimed at tourists and premium mass customers. The group is listed as a foreign issuer in the United States and maintains executive offices in Singapore and Hong Kong, reflecting its regional focus in Asian gaming markets.

Average Trading Volume: 8,886

Technical Sentiment Signal: Sell

Current Market Cap: $514.1M

For a thorough assessment of MSC stock, go to TipRanks’ Stock Analysis page.

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