secwatch / observer
8-K filed April 3, 2024, 7:59 PM ET ticker LVS CIK 0001300514
debt confidence high sentiment neutral materiality 0.50

LAS VEGAS SANDS CORP (LVS): debt financing — Las Vegas Sands enters $1.5B revolving credit facility, maturing 2029

LAS VEGAS SANDS CORP

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

LAS VEGAS SANDS CORP incurred revolving credit of $1.5 billion with The Bank of Nova Scotia (Scotiabank), as administrative agent at either, at the Borrower’s option, (x) an adjusted rate equal to the secured over maturing April 3, 2029.

Instrument
revolving credit
Principal
$1.5 billion
Counterparty
The Bank of Nova Scotia (Scotiabank), as administrative agent
Rate
either, at the Borrower’s option, (x) an adjusted rate equal to the secured over
Maturity
April 3, 2029
Event
incurrence
Exact text from the filing
On April 3, 2024 (the “Closing Date”), Las Vegas Sands Corp. (the “Borrower”) entered into a Revolving Credit Agreement (the “Revolving Credit Agreement”), with the lenders and issuing banks from time to time party thereto and The Bank of Nova Scotia (“Scotiabank”), as administrative agent (in such capacity, the “Administrative Agent”), swingline lender and an issuing bank. The Revolving Credit Agreement provides for a new revolving credit facility in the aggregate principal amount of $1.5 billion, which includes a $150 million sub-facility for letters of credit.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

LAS VEGAS SANDS CORP terminated Revolving Credit Agreement, dated as of August 9, 2019 with the lenders and issuing banks party thereto, and Scotiabank, as administrative agent (effective 2024-04-03).

Action
termination
Agreement
credit facility
Counterparty
the lenders and issuing banks party thereto, and Scotiabank, as administrative agent
Effective
2024-04-03
Exact text from the filing
On the Closing Date, in connection with the entry into the Revolving Credit Agreement as described in Item 1.01 above, the Borrower terminated and repaid all outstanding obligations under the then-existing Revolving Credit Agreement, dated as of August 9, 2019 (as amended, restated, amended and restated, supplemented or otherwise modified prior to the Closing Date) with the lenders and issuing banks party thereto, and Scotiabank, as administrative agent.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

LAS VEGAS SANDS CORP entered into Revolving Credit Agreement with the lenders and issuing banks from time to time party thereto and The Bank of Nova Scotia (Scotiabank), as administrative agent, swingline lender and an issuing bank valued at $1.5 billion (effective 2024-04-03).

Action
entry
Agreement
credit facility
Counterparty
the lenders and issuing banks from time to time party thereto and The Bank of Nova Scotia (Scotiabank), as administrative agent, swingline lender and an issuing bank
Value
$1.5 billion
Effective
2024-04-03
Exact text from the filing
On April 3, 2024 (the “Closing Date”), Las Vegas Sands Corp. (the “Borrower”) entered into a Revolving Credit Agreement (the “Revolving Credit Agreement”), with the lenders and issuing banks from time to time party thereto and The Bank of Nova Scotia (“Scotiabank”), as administrative agent (in such capacity, the “Administrative Agent”), swingline lender and an issuing bank.
View on SEC.gov

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LAS VEGAS SANDS CORP filing history →

Source: SEC EDGAR
accession 0001300514-24-000055
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