secwatch.observer — SEC 8-K summary
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Issuer:     LAS VEGAS SANDS CORP (LVS)
CIK:        0001300514
Form:       8-K
Filed at:   2023-01-31T23:59:59+00:00
Accession:  0001300514-23-000009
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Las Vegas Sands amends credit pact, eases EBITDA calc, extends liquidity & dividend restrictions to Dec 2023
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- Amendment modifies Consolidated Adjusted EBITDA calculation for 2023 quarters on an annualized basis.
- Minimum liquidity covenant extended through December 31, 2023.
- Dividend/distribution payments restricted unless pro forma liquidity exceeds $1.0 billion, through Dec 2023.
- Amendment effective January 30, 2023; lenders include Bank of Nova Scotia, Bank of America, Barclays, Goldman Sachs, BNP Paribas, Fifth Third, Sumitomo Mitsui.
- Borrower paid non-refundable fee of [***]% of each consenting lender's revolving commitment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1300514/000130051423000009/0001300514-23-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1300514/000130051423000009/lvs-20230130.htm
  HTML page:      https://secwatch.observer/filing/0001300514-23-000009

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer