Silver Point Capital L.P., along with affiliated reporting persons Edward A. Mule and Robert J. O'Shea, filed a Form 4 on August 11, 2026, disclosing the sale of American Depositary Shares in Studio City International Holdings Ltd, traded on NYSE as MSC, with the earliest reported transaction dated August 7, 2026.

Key Highlights

  • Security sold: 58,000 American Depositary Shares disposed of on August 7, 2026, at a price of $2.41 per share.
  • Remaining position: Following the transaction, Silver Point Capital's funds held 28,570,463 Class A Ordinary Shares beneficially, held directly.
  • ADS conversion ratio: Each American Depositary Share is convertible at any time, at the holder's election, into four Class A Ordinary Shares, with no expiration date.
  • Reporting persons: Three reporting persons filed jointly: Silver Point Capital L.P., Edward A. Mule, and Robert J. O'Shea, all sharing the same Greenwich, Connecticut address.
  • Roles at issuer: All three reporting persons are identified as both Director and 10% Owner of Studio City International Holdings Ltd.
  • Disclaimer of ownership: According to the filing, Messrs. Mule and O'Shea disclaim beneficial ownership of the reported securities held by the Funds except to the extent of their pecuniary interests.

Silver Point Capital's August 2026 Disposition in Studio City International Holdings

According to the filing, Silver Point Capital L.P. serves as investment manager, directly or through wholly owned subsidiaries, for six funds: Silver Point Capital Fund, L.P.; Silver Point Capital Offshore Master Fund, L.P.; Silver Point Distressed Opportunities Fund, L.P.; Silver Point Distressed Opportunities Offshore Master Fund, L.P.; Silver Point Distressed Opportunity Institutional Partners Master Fund (Offshore), L.P.; and Silver Point Distressed Opportunity Institutional Partners, L.P. The filing states that Silver Point Capital Management, LLC is the general partner of Silver Point and may be deemed beneficial owner of all securities held by those funds.

The filing reports that on August 7, 2026, 58,000 American Depositary Shares were disposed of (transaction code "S") at $2.41 per share. Each ADS is convertible at the holder's election into four Class A Ordinary Shares and carries no expiration date, according to the filing's explanation of responses. The Table I entry for Class A Ordinary Shares reflects a separate line showing 400 shares disposed of, though the transaction date, transaction code, and price fields for that line are not completed in the source filing.

Following all reported transactions, the filing discloses that 28,570,463 Class A Ordinary Shares are beneficially owned, held directly. Edward A. Mule and Robert J. O'Shea are identified in the filing as members of Silver Point Capital Management, LLC, and as a result may be deemed beneficial owners of all securities held by the funds, though both individuals, according to the filing, disclaim such beneficial ownership except to the extent of their pecuniary interests. The form was signed by Steven Weiser as authorized signatory on behalf of Silver Point Capital L.P. and as attorney-in-fact for both Mule and O'Shea, with signatures dated August 11, 2026.

What Was Disclosed

The filing reports a disposition of 58,000 American Depositary Shares of Studio City International Holdings Ltd (NYSE:MSC) on August 7, 2026, at $2.41 per share, by funds managed by Silver Point Capital L.P., with 28,570,463 Class A Ordinary Shares remaining in beneficial ownership following the transaction.