Exhibit 99.1
STUDIO CITY FINANCE LIMITED
DISCLOSURE PURSUANT TO RULE 324(1) OF THE LISTING MANUAL
OF THE SINGAPORE EXCHANGE SECURITIES TRADING LIMITED
Pursuant to Rule 324(1) of the Listing Manual of the Singapore Exchange Securities trading Limited, Studio City Finance Limited (the “Company”) announces that after a series of repurchases by the Company, with the latest repurchase taking place on August 19, 2024, the Company has repurchased an aggregate principal amount of US$37,782,000 of its outstanding 6.000% Senior Notes due 2025 (the “Notes” and such notes which have been repurchased as described herein, the “Repurchased Notes”), representing approximately 7.6% of the aggregate principal amount of the Notes at the time of the initial listing. The Company has cancelled all of the Repurchased Notes.
The details of the Notes repurchased are as follows:
Regulation S Notes | ||
ISIN Code: | USG85381AE48 | |
Common Code: | 220187004 | |
CUSIP: | G85381 AE4 | |
Date(s) of repurchase: | June 25, July 5 and August 19, 2024 |
This announcement is not an offer to purchase, subscribe for or sell any securities and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale is unlawful.
By: Studio City Finance Limited, as Issuer
Dated: August 20, 2024