Financing ·
Sands China prices $1.0B of senior notes due 2032 and 2033
LVSLas Vegas Sands Corp
Sands China Ltd., a majority-owned subsidiary of Las Vegas Sands Corp., priced $700 million of 6.400% senior notes due 2032 and $300 million of 6.700% senior notes due 2033 on October 27, 2026. The offering is expected to close on November 3, 2026, subject to customary conditions. Sands China intends to use the net proceeds of approximately $989 million, along with cash on hand, to redeem in full its outstanding US$700 million 2.300% senior notes due 2027 and any accrued interest, repay the outstanding balance on its 2024 SCL Revolving Facility, and fund general corporate purposes including capital expenditures. Las Vegas Sands Corp. is a leading global developer and operator of integrated resorts.