The Latest in sands china
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Casino

The Londoner Macao Set to Open Ahead of the Chinese New Year

Sands China is planning on opening its newly-rebranded The Londoner Macao property, GGRAsia reported, noting the availability of bookings for stays at the resort starting from January 22. Phase 1 Celebration According to the press release issued by the Chinese subsidiary of Las Vegas Sands (LVS) on Tuesday, the company is scheduling an official ceremony […]
The Londoner Macao Set to Open Ahead of the Chinese New Year
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Business

Sands China and LVS Renew Their Shared Services Agreement

Sands China, the Asia-Pacific subsidiary of Las Vegas Sands (LVS), announced it renewed a Shared Services Agreement with its parent company to continue to utilize marketing services from LVS targeted at international VIP clients and premium players. The renewed services agreement is set to run for 3 years from January 1, 2021, to December 31, […]
Sands China and LVS Renew Their Shared Services Agreement
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Casino

Sands China Entered into Credit Facility Waiver Extension

Sands China informed its investors last week that a facility agreement between the company and its main creditor, Bank of China Limited has been amended. The $2 billion revolving unsecured credit facility available to the operator until July 21, 2023, had two financial covenants, a consolidated leverage ratio and a consolidated interest coverage ratio, renegotiated. […]
Sands China Entered into Credit Facility Waiver Extension
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Business

Sands China Issues $1.5B of Unsecured Debt to Boost Liquidity

Sands China Ltd, a subsidiary of casino giant Las Vegas Sands (LVS), announced in a filing to the Hong Kong Exchange (HKEX) it entered into agreement for the issuance of senior unsecured notes to the amount of $1.5 billion. The proposed debt is being offered and  sold  only  to  Professional  Investors  that  are  qualified  institutional  […]