Inside Asian Gaming

IAG JUN 2019年6月 亞博匯 12 亞博匯早報 BREAKFAST BRIEFS FOUNDING STUDIO CITY SHAREHOLDER NEW COTAI FILES FOR BANKRUPTCY 新濠影匯創始股東New Cotai申請破產 NEW Cotai Holdings LLC, a major shareholder in Macau integrated resort operator Studio City International Holdings, has filed for bankruptcy. New Cotai, which holds a 23% stake in Studio City, filed for Chapter 11 bankruptcy protection in New York in May with liabilities of between US$500 million and US$1 billion. Its subsidiaries New Cotai Ventures LLC, New Cotai LLC and New Cotai Capital Corp have also filed for bankruptcy. New Cotai Holdings, formed in 2006 as a vehicle to invest in Studio City, is backed by hedge funds Point Capital LP and Oaktree Capital Group LP. The company had originally held a 40% stake in Studio City, with Melco Resorts and Entertainment holding the other 60%, but saw its stake diluted after Melco held an IPO for Studio City shares last year. According to reports, the bankruptcy is a result of New Cotai lacking the funds to redeem the balance of previously issued notes amounting to US$856 million. 澳門 綜合娛樂度假村運營商新濠影匯的主要股東New Cotai Hold- ings LLC日前已於美國提交破產保護申請。 持有新濠影匯23%股權的New Cotai已於在美國申請遞11章 破產保護令，涉及上市負債金額介乎5億至10億美元之間。其子公 司New Cotai Ventures LLC、New Cotai LLC和New Cotai Capital Corp也已申請破產保護令。 成立於2006年的New Cotai Holdings，其主要持股人包括美 國對沖基金Point Capital LP 及橡樹資本（ Oaktree Capital Group LP）等。New Cotai 公司最初持有新濠影匯40%的股份，令60%由新 濠博亞娛樂持有，但在去年新濠博亞為新濠影匯進行首次公開募股 （IPO）之後，其所持股權被稀釋。 據報道，此次破產申請是由於New Cotai 無力償清其所發行的 價值8.56億美元的票據。分析師稱，儘管目前尚未有任何跡象，亦是 新濠集團主席及行政總裁何猷龍過去所一直避而不談的計劃，但這 次事件可能為新濠博亞增加其在新濠影匯的利益大開其門。