Melco Resorts & Entertainment Ltd has announced an extension of more than four years to the maturity date of its HK$15.2 billion (US$1.94 billion) 2020 revolving credit facility, from 29 April 2027 to 9 June 2031.
It has also established an incremental facility of HK$6.44 billion (US$821.6 million) under the terms of the 2020 credit facilities, taking its total commitments under the facilities to HK$21.7 billion (US$2.77 billion).
In a filing, Melco said the 2020 credit facilities were originally established pursuant to a senior facilities agreement dated 29 April 2020 , entered into between, among others, Melco subsidiary MCO Nominee One Limited as borrower and Bank of China Limited, Macau Branch as agent.
