- Expansion Capital Group Secures $100 Million Credit Facility to Accelerate Growth
- Avid Technology Announces Closing of Debt Refinancing Resulting in Expected $10 Million Annual Interest Savings
- Huntington Business Credit Closes $23 Million in New Credit Facilities with HCI-TSM Holding Corporation
- Ares Commercial Finance Served as Lead and Agent for the Financing of a $210 Million Senior Secured Cross-Border Revolving Line of Credit to MicroStar Logistics
- First Citizens Bank Serves as Lead Arranger on $211 Million Financing for North Carolina Solar Power Development
Studio City Secures $250 Million Credit Facility
December 5, 2024
Source: Yahoo Finance
Studio City International Holdings has secured a HK$1.945 billion revolving credit facility from a syndicate of banks, with the option to increase it by US$100 million, aimed at refinancing debt and boosting working capital. This financial maneuver is part of Studio City’s strategy to enhance its financial flexibility and support its operations in Macau’s competitive resort market. The agreement aligns with existing credit facilities to streamline the company’s capital structure.
