SANDS CHINA ANNOUNCES OFFERING OF SENIOR UNSECURED NOTES
Las Vegas Sands announced that its majority-owned subsidiary Sands China intends to offer USD-denominated senior unsecured notes, with principal amounts and rates to be set at pricing. Proceeds plus cash on hand will redeem in full the US$700 million 2.300% senior notes due 2027, repay the 2024 SCL Revolving Facility, and fund general corporate purposes including capex.
Key figures
- Notes to redeem
- US$700 million 2.300% senior notes due 2027
- Coupon on redeemed notes
- 2.300%
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