Las Vegas Sands Launches Proposed Refinancing of Its U.S. Restricted Group Credit Facilities
(firmenpresse) - LAS VEGAS, NV -- (Marketwired) -- 12/02/13 -- Las Vegas Sands (NYSE: LVS) announced today that its direct, wholly-owned subsidiary, Las Vegas Sands, LLC (the "Company" or the "Borrower"), intends to launch a refinancing of existing indebtedness on its U.S. Restricted Group credit facilities on Wednesday, December 4, 2013. Barclays Capital and Citi have been engaged by the Company to arrange the refinancing along with Bank of America Merrill Lynch, BNP Paribas, Goldman Sachs and Scotia Bank. The proposed refinancing would extend the maturity profile of the Company's long-term debt and remove certain financial covenants.
The refinancing is subject to market and other customary conditions and there can be no assurance that the refinancing will occur.
(NYSE: LVS) is the world's leading developer and operator of Integrated Resorts. Our collection of Integrated Resorts in Asia and the United States feature state of the art convention and exhibition facilities, premium accommodations, world-class gaming and entertainment, destination retail and dining including celebrity chef restaurants, and many other amenities.
In Macao, through our majority-owned subsidiary Sands China Ltd. (HKSE: 1928), the company owns and operates a portfolio of properties on Macao's Cotai Strip®, including , Four Seasons Hotel Macao, and . The company also owns and operates the on the Macao Peninsula. In Singapore, the company owns and operates , the iconic Integrated Resort located in the city-state's downtown Marina Bay district.
Our properties in the United States include and on the Las Vegas Strip and in Eastern Pennsylvania.
Las Vegas Sands is committed to global sustainability through its program and is an active community partner through its various charitable organizations.
Investment Community:
Daniel Briggs
(702) 414-1221
Media:
Ron Reese
(702) 414-3607
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Datum: 02.12.2013 - 07:01 Uhr
Sprache: Deutsch
News-ID 1288289
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