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FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
REPORT OF FOREIGN ISSUER
PURSUANT TO RULE 13a–16 OR 15d–16 OF
THE SECURITIES EXCHANGE ACT OF 1934
For the month of June 2015
Commission File Number: 001-33178
MELCO CROWN ENTERTAINMENT LIMITED
36th Floor, The Centrium
60 Wyndham Street
Central
Hong Kong
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20–F or Form 40–F. Form 20-F x Form 40-F ¨
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ¨
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ¨
Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3–2(b) under the Securities Exchange Act of 1934. Yes ¨ No x
If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3–2(b): 82– N/A
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MELCO CROWN ENTERTAINMENT LIMITED
Form 6–K
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Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| MELCO CROWN ENTERTAINMENT LIMITED | ||
| By: | /s/ Geoffrey Davis | |
| Name: | Geoffrey Davis, CFA | |
| Title: | Chief Financial Officer | |
Date: June 19, 2015
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EXHIBIT INDEX
| Exhibit |
Description | |
| 99.1 | Announcement pursuant to Rule 13.18 of the Hong Kong Stock Exchange Listing Rules | |
Exhibit 99.1
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
Melco Crown Entertainment Limited
(Incorporated in the Cayman Islands with limited liability)
(SEHK Stock Code: 6883)
ANNOUNCEMENT PURSUANT TO RULE 13.18 OF THE LISTING RULES
This announcement is made pursuant to Rule 13.18 of the Listing Rules with respect to the Amended Facility with covenants relating to specific performance of the controlling shareholders of the Company.
This announcement is made by the board of the directors (the “Board”) of Melco Crown Entertainment Limited (the “Company”) pursuant to Rule 13.18 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “Listing Rules”).
On June 19, 2015, the Company’s subsidiary, Melco Crown (Macau) Limited, entered into a seventh amendment of its senior facilities agreement (the “Seventh Amendment”) with a syndicate of banks. The amendment (the “Amended Facility”) extends the term of the original facilities. The original facilities were, and the Amended Facility will be, secured by assets of the Company’s City of Dreams and Altira. The Amended Facility provides US$1,750 million in senior facilities, consisting of a US$500 million term loan facility for a term of 6 years and a US$1,000 million revolving credit facility, which amount may be increased by an additional US$250 million by the lenders upon satisfaction of various conditions, for a term of 5 years. The Company intends to fully draw down the term loan facility on or about June 29, 2015. Pursuant to the Seventh Amendment, the Amended Facility can be used to refinance the outstanding balance of the original facilities and for general corporate purposes of the Company and its subsidiaries.
The Seventh Amendment imposes, inter alia, a condition that Melco International Development Limited (“Melco”) and Crown Resorts Limited (“Crown”) shall collectively own and control directly or indirectly at least 30% of the issued share capital of the Company. A breach of the aforesaid condition will constitute an event of default under the Seventh Amendment. Upon the occurrence of such event, the Amended Facility shall become immediately due and repayable on demand.
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As at the date of this announcement, Melco and Crown, directly or indirectly, collectively own 68.58% (with each of them owning 34.29%) of the entire issued share capital of the Company.
| By Order of the Board of Melco Crown Entertainment Limited Stephanie Cheung Company Secretary |
Macau, June 19, 2015
As at the date of this announcement, the Board comprises one executive Director, namely Mr. Lawrence Yau Lung Ho (Co- Chairman and Chief Executive Officer); five non-executive Directors, namely Mr. James Douglas Packer (Co-Chairman), Mr. John Peter Ben Wang, Mr. Clarence Yuk Man Chung, Mr. William Todd Nisbet, and Mr. Robert John Rankin; and four independent non-executive Directors, namely Mr. James Andrew Charles MacKenzie, Mr. Thomas Jefferson Wu, Mr. Alec Yiu Wa Tsui, and Mr. Robert Wason Mactier.
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