Deutsche Bank Appointed as Depositary Bank for the Sponsored American Depositary Receipt Program of Studio City International Holdings Limited

Deutsche Bank announced today its appointment as Depositary Bank for NYSE-listed American Depositary Receipt Program of Studio City International Holdings Limited.

Studio City is a gaming, retail and entertainment resort located in Cotai, Macau. It has a figure-8 Ferris wheel, family entertainment center, 4-D flight simulator, nightclub and 5,000-seat live performance arena and also features approximately 1,600 luxury hotel rooms, various food and beverage establishments and approximately 35,000 square meters of retail space. Studio City Casino, which has approximately 250 mass market gaming tables and 970 gaming machines, is operated by Melco Resorts (Macau) Limited, a holder of a gaming subconcession and one of the subsidiaries of Melco Resorts & Entertainment Limited (NASDAQ: MLCO). Studio City International Holdings Limited (NYSE: MSC) operates the non-gaming businesses of Studio City and is a subsidiary of Melco Resorts & Entertainment Limited.*

“Deutsche Bank is pleased to expand its Depositary Receipts business in the Asia-Pacific region by acting as depositary bank for Studio City’s NYSE-listed ADR program – our twelfth new DR mandate from Greater China in 2018,” said Brian Studdert, Global Head of Depositary Receipts at Deutsche Bank. “We look forward to building on our strong relationship with Melco Resorts & Entertainment, one of our long-established DR clients and parent company of Studio City, by establishing this new program for Studio City and supporting its future growth.”

In addition to specializing in administering cross-border equity structures such as New York Shares, American and Global Depositary Receipts, Deutsche Bank provides corporates, financial institutions, hedge funds and supranational agencies around the world with trustee, agency, escrow and related services. The Bank offers a very broad range of services for diverse products, from complex securitizations and project finance to syndicated loans, debt exchanges and restructurings.

* Source: Studio City International Holdings Limited (October 2018)

Depositary Receipt Information
Country			China (Cayman Islands incorporated)
Custodian Bank			Deutsche Bank AG, Hong Kong Branch
Effective Date			October 22, 2018
Level III ADR
CUSIP			86389T 106
ISIN			US86389T1060
Symbol			MSC
Exchange			NYSE
Current Ratio			1 ADR : 4 Class A Ordinary Shares
Eligibility			DTC
Depositary Receipt Contacts
Head of Depositary Receipts			New Business Development