Las Vegas Sands subsidiary Sands China plans senior unsecured notes offering
LVS•Sands China plans to offer U.S. dollar-denominated senior unsecured notes. Proceeds and cash on hand will fully redeem $700 million of 2.3% senior notes due 2027, repay the outstanding balance on its 2024 revolving facility and fund general corporate purposes, including capital expenditures.
1. Planned notes offering
Sands China, a majority-owned subsidiary of Las Vegas Sands, plans to offer U.S. dollar-denominated senior unsecured notes. Proceeds and cash on hand will fully redeem $700 million of 2.3% senior notes due 2027, including accrued interest, repay the outstanding balance on the 2024 SCL Revolving Facility and support general corporate purposes, including capital expenditures. The principal amounts, interest rates and other key terms will be determined at pricing.
