Sands China Plans Notes Offering to Refinance $700 Million of 2027 Debt
Filed with the SEC on · Summarized by InvestorsBot
Sands China Ltd., Las Vegas Sands’ majority-owned subsidiary, plans to issue U.S.-dollar-denominated senior unsecured notes, with the amount and interest rate to be set at pricing. Proceeds and cash on hand would redeem its outstanding $700 million of 2.300% notes due 2027, repay its 2024 revolving facility, and fund general corporate purposes including capital expenditures; the offering is not yet binding and may not proceed.