---
schema_version: "secwatch.filing_event.v1"
accession: "0001300514-24-000055"
form_type: "8-K"
ticker: "LVS"
cik: "0001300514"
company_name: "LAS VEGAS SANDS CORP"
filed_at: "2024-04-03T23:59:59+00:00"
generated_at: "2026-06-04T02:45:20.666146+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Las Vegas Sands enters $1.5B revolving credit facility, maturing 2029

## Summary
- New $1.5 billion senior unsecured revolving credit facility with Scotiabank as administrative agent; matures April 3, 2029.
- Replaces existing $1.5B revolving credit agreement dated August 2019; all outstanding obligations repaid and terminated.
- Facility includes $150M letter of credit sub-facility; proceeds for working capital and general corporate purposes.
- Interest margins range from 1.125%-1.550% for SOFR loans based on borrower's corporate family rating.
- Financial covenant: maximum consolidated net leverage ratio of 4.00 to 1.00 as of end of each fiscal quarter.

## SEC filing metadata
- accession: 0001300514-24-000055
- form_type: 8-K
- ticker: LVS
- cik: 0001300514
- company_name: LAS VEGAS SANDS CORP
- filed_at: 2024-04-03T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1300514/000130051424000055/0001300514-24-000055-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1300514/000130051424000055/lvs-20240403.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001300514-24-000055
- JSON: https://secwatch.observer/filing/0001300514-24-000055.json
- Plain text: https://secwatch.observer/filing/0001300514-24-000055.txt

## Key facts
- Debt Financings
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1300514/000130051424000055/0001300514-24-000055-index.htm
- Material Agreements
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1300514/000130051424000055/0001300514-24-000055-index.htm
- Material Agreements
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1300514/000130051424000055/0001300514-24-000055-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.