Harneys advises on US$350 million senior secured notes offering for Studio City Company
Harneys acted as BVI counsel to Studio City Company Limited in relation to its issuance of US$350 million five-year senior secured fixed-rate seven per cent notes due 2027.
The Harneys team was led by Co-Head of Global Banking & Finance and Corporate Paul Sephton, with support from Legal Manager Flavia Au. Paul commented: “We are delighted to have had the opportunity to advise on this issuance. The Harneys team is excited to continue to work with Studio City as it evolves as one of the leading entertainment resorts in the region.”
The Banking & Finance practice group at Harneys has decades of experience in offshore credit and security legal issues relating to debt finance, including loan finance, debt issuance, lease financing, shariah compliant finance, distressed debt and enforcement of security and derivatives. The team’s deep understanding about the business environment in which their clients operate help build strong networks with industry players and service providers in key markets around the world.