Las Vegas Sands extends Marina Bay Sands project deadlines to 2024 and 2028

LAS VEGAS SANDS CORP

Marina Bay Sands Pte. Ltd. and Singapore Tourism Board signed a supplemental agreement on March 22, 2023.
Commence Construction deadline for the Marina Bay Sands expansion pushed to April 8, 2024.
Completion deadline for the expansion extended to April 8, 2028.
Supplemental Agreement also modifies certain construction and operation plans under the 2019 Development Agreement.

item 1.01

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

LAS VEGAS SANDS CORP amended Supplemental Agreement with Singapore Tourism Board (effective 2023-03-22).

Action: amendment
Counterparty: Singapore Tourism Board
Effective: 2023-03-22

Exact text from the filing

On March 22, 2023, Marina Bay Sands Pte. Ltd. (“MBS”), an indirect wholly owned subsidiary of Las Vegas Sands Corp. (the “Company”), and the Singapore Tourism Board (the “STB”) entered into a supplemental agreement (the “Supplemental Agreement”) that amends the Development Agreement, dated April 3, 2019, between the STB and MBS, as amended by the Letter Agreement, dated March 29, 2022, between the STB and MBS (the “Development Agreement”).

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Source: SEC EDGAR

accession 0001300514-23-000027

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