secwatch / observer
8-K filed February 24, 2025, 6:59 PM ET ticker LVS CIK 0001300514
debt confidence high sentiment neutral materiality 0.85

LAS VEGAS SANDS CORP (LVS): debt financing — Marina Bay Sands enters SGD 12B facility for refinancing and expansion

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 term loan of SGD 7,500,000,000 with DBS Bank Ltd. as agent at Compounded Singapore Overnight Rate Average, plus a variable margin maturing eighty-four months from the Closing Date.

Instrument
term loan
Principal
SGD 7,500,000,000
Counterparty
DBS Bank Ltd. as agent
Rate
Compounded Singapore Overnight Rate Average, plus a variable margin
Maturity
eighty-four months from the Closing Date
Event
incurrence
Exact text from the filing
On February 21, 2025 (the “Execution Date”), Marina Bay Sands Pte. Ltd. (“MBS” or the “Borrower”), a subsidiary of Las Vegas Sands Corp. (“LVSC”), entered into a Facility Agreement (the “2025 Singapore Credit Facility Agreement”) with the lenders party thereto and DBS Bank Ltd., as agent for the finance parties (the “Agent”) and security trustee for the secured parties, and certain other parties thereto. Capitalized terms used herein and not defined herein are defined in the 2025 Singapore Credit Facility Agreement. The 2025 Singapore Credit Facility Agreement provides for (i) a 3,750,000,000 Singapore dollars (“SGD,” approximately $2.81 billion at exchange rates in effect on February 21, 2025) term loan (the “Term Loan Facility”), (ii) a SGD 750,000,000 (approximately $561 million at exchange rates in effect on February 21, 2025) revolving credit facility (the “Revolving Facility”), part of which may be designated as an ancillary facility and (iii) a SGD 7,500,000,000 (approximately $
View on SEC.gov
Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

LAS VEGAS SANDS CORP incurred revolving credit of SGD 750,000,000 with DBS Bank Ltd. as agent at Compounded Singapore Overnight Rate Average, plus a variable margin maturing seventy-eight months from the Closing Date.

Instrument
revolving credit
Principal
SGD 750,000,000
Counterparty
DBS Bank Ltd. as agent
Rate
Compounded Singapore Overnight Rate Average, plus a variable margin
Maturity
seventy-eight months from the Closing Date
Event
incurrence
Exact text from the filing
On February 21, 2025 (the “Execution Date”), Marina Bay Sands Pte. Ltd. (“MBS” or the “Borrower”), a subsidiary of Las Vegas Sands Corp. (“LVSC”), entered into a Facility Agreement (the “2025 Singapore Credit Facility Agreement”) with the lenders party thereto and DBS Bank Ltd., as agent for the finance parties (the “Agent”) and security trustee for the secured parties, and certain other parties thereto. Capitalized terms used herein and not defined herein are defined in the 2025 Singapore Credit Facility Agreement. The 2025 Singapore Credit Facility Agreement provides for (i) a 3,750,000,000 Singapore dollars (“SGD,” approximately $2.81 billion at exchange rates in effect on February 21, 2025) term loan (the “Term Loan Facility”), (ii) a SGD 750,000,000 (approximately $561 million at exchange rates in effect on February 21, 2025) revolving credit facility (the “Revolving Facility”), part of which may be designated as an ancillary facility and (iii) a SGD 7,500,000,000 (approximately $
View on SEC.gov
Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

LAS VEGAS SANDS CORP incurred term loan of SGD 3,750,000,000 with DBS Bank Ltd. as agent at Compounded Singapore Overnight Rate Average, plus a variable margin maturing eighty-four months from the Closing Date.

Instrument
term loan
Principal
SGD 3,750,000,000
Counterparty
DBS Bank Ltd. as agent
Rate
Compounded Singapore Overnight Rate Average, plus a variable margin
Maturity
eighty-four months from the Closing Date
Event
incurrence
Exact text from the filing
On February 21, 2025 (the “Execution Date”), Marina Bay Sands Pte. Ltd. (“MBS” or the “Borrower”), a subsidiary of Las Vegas Sands Corp. (“LVSC”), entered into a Facility Agreement (the “2025 Singapore Credit Facility Agreement”) with the lenders party thereto and DBS Bank Ltd., as agent for the finance parties (the “Agent”) and security trustee for the secured parties, and certain other parties thereto. Capitalized terms used herein and not defined herein are defined in the 2025 Singapore Credit Facility Agreement. The 2025 Singapore Credit Facility Agreement provides for (i) a 3,750,000,000 Singapore dollars (“SGD,” approximately $2.81 billion at exchange rates in effect on February 21, 2025) term loan (the “Term Loan Facility”), (ii) a SGD 750,000,000 (approximately $561 million at exchange rates in effect on February 21, 2025) revolving credit facility (the “Revolving Facility”), part of which may be designated as an ancillary facility and (iii) a SGD 7,500,000,000 (approximately $
View on SEC.gov

10 debt financings filed in the last 30 days. Browse all debt financings →

LAS VEGAS SANDS CORP filing history →

Source: SEC EDGAR
accession 0001300514-25-000049
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