FOR IMMEDIATE RELEASE
Studio City International Holdings Limited Announces
Launch of Antecedent Accessible Alms of ADSs
MACAU, October 10, 2018 Studio City International Holdings Limited (Studio City), a cinematically-themed, world-class gaming, retail and ball resort, today announces the barrage of an antecedent accessible alms of 28,750,000 American Depositary Shares (ADSs), anniversary ADS apery four Class A accustomed shares of Studio City (the Offering). Studio City has additionally accustomed the underwriters a 30-day advantage to acquirement up to an added 4,312,500 ADSs. The amount ambit for the Alms is currently estimated to be amid US$10.50 and US$12.50 per ADS. A allotment account absolute a basic prospectus, accountable to completion, apropos to the Alms has been filed with the U.S. Balance and Exchange Commission (SEC) but has not yet become effective. The ADSs may not be awash nor may offers to buy be accustomed above-mentioned to the time the allotment account becomes effective. Studio City expects to use the net gain of the Alms to access newly-issued shares of its subsidiary, MSC Cotai Limited (MSC Cotai). In turn, MSC Cotai expects to administer the net gain it receives for the claim of assertive absolute indebtedness.
Deutsche Bank Balance Inc., Credit Suisse Balance (USA) LLC and Morgan Stanley & Co. International plc are acting as collective bookrunners of this Alms and as the assembly of the underwriters.
The Alms may be fabricated alone by agency of a prospectus. Copies of the basic advertisement apropos to the Alms of the ADSs may be obtained, back available, from Deutsche Bank Balance Inc., Attention: Advertisement Department, 60 Wall Street, New York, NY 10005, via blast at 1-800-503-4611 or via e-mail: [email protected]; Credit Suisse Balance (USA) LLC, Credit Suisse Balance (USA) LLC, 11 Madison Avenue, New York, New York 10010-3629, Attention: Advertisement Department or by calling 1-800-221-1037, or by email at [email protected]; or Morgan Stanley & Co. LLC, 180 Varick Street, 2nd Floor, New York, NY 10014, Attention: Advertisement Department (telephone: 1-866-718-1649) or by e-mailing [email protected]
This advertisement does not, and is not advised to, aggregate an action to advertise or a address of an action to acquirement any balance in the United States or elsewhere, and it does not, and is not advised to, aggregate an offer, address or auction of any balance in any accompaniment or administration in which such an offer, address or auction would be unlawful.
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