Regions West
July 3, 2008
Las Vegas Sands Corp. is considering taking out a $7 billion loan to expand and refinance debt for its endeavors in Macau, according to a Bloomberg article. Citing individuals familiar with the deal, Bloomberg reported that the casino company is in talks with lenders on the matter and, if a loan goes through, Las Vegas Sands will use the money to finance new projects in the city, including a $12 billion 20,000-room hotel and casino development. Additionally, funds may be used to repay a total of $3.3 billion in outstanding loans secured two years ago for Las Vegas Sands' Venetian Macau development, which features 600,000 square feet of gaming space, 3,000 hotel rooms, 850,000 square feet of retail and a 1.2 million-square-foot convention center.
Las Vegas Sands Corp. is considering taking out a $7 billion loan to expand and refinance debt for its endeavors in Macau, according to a Bloomberg article. Citing individuals familiar with the deal, Bloomberg reported that the casino company is in talks with lenders on the matter and, if a loan goes through, Las Vegas Sands will use the money to finance new projects in the city, including a $12 billion 20,000-room hotel and casino development. Additionally, funds may be used to repay a total of $3.3 billion in outstanding loans secured two years ago for Las Vegas Sands' Venetian Macau development, which features 600,000 square feet of gaming space, 3,000 hotel rooms, 850,000 square feet of retail and a 1.2 million-square-foot convention center.
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June 09, 2009
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