MGM China (02282) plans to issue $750 million principal amount 6.250% senior notes due on May 15, 2033.

MGM CHINA (02282) announced that on May 6, 2026 (New York time), the Company, Deutsche Bank AG, Singapore Branch, and J.P. Morgan Securities (Asia Pacific) Limited (as initial purchaser representative) entered into a purchase agreement for the issuance of $750 million principal amount of 6.250% Senior Notes due on May 15, 2033. The Company estimates that the net proceeds from the issuance of the Notes, after deducting discounts to the initial purchasers and other estimated offering expenses payable by the Company, will be approximately HK$5.8011 billion or $739.9 million. The Company intends to use the net proceeds from the issuance of the Notes to repay a portion of the outstanding amount under the revolving credit facility and for general corporate purposes. The Company will be permitted to reborrow the same amount under the revolving credit facility. The Company proposes to seek listing of the Notes on the Stock Exchange of Hong Kong Limited by way of offering the Notes only to professional investors, and has received a letter of eligibility from the Stock Exchange in relation to the listing of the Notes. The Notes have been admitted to the Stock Exchange and any quotation of the Notes on the Stock Exchange should not be taken as an indication of the Company, the Group, or the value of the Notes.