The company has about us$ 3.2 billion in first-lien debt
LVS ready to announce debt refinancing deal
2013-12-05
Reading time 20 seg
(Macau).- Sands China parent company Las Vegas Sands may announce as soon as tomorrow the refinancing of some of its debt in the United States, the publication Business Daily reports. Las Vegas Sands has sought us$ 3.25 billion in term loans and revolving credit, the newspaper quotes Bloomberg as saying.
The company has about us$ 3.2 billion in first-lien debt, some of which matures in May. The company said the new loans would “extend the maturity profile of the company’s long-term debt and remove certain financial covenants”.
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