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SANDS CHINA LTD (01928.HK) Issues USD1B Senior Notes
2026-10-28 08:53:37 SANDS CHINA LTD (01928.HK) announced that it has entered into a purchase agreement to issue USD700 million of 6.4% senior notes due 2032 and USD300 million of 6.7% senior notes due 2033, totaling USD1 billion. The net proceeds are expected to be approximately USD989 million. SANDS CHINA LTD (01928.HK) plans to use the proceeds together with cash on hand to fully redeem the outstanding principal amount and any accrued interest of the USD700 million 2.3% notes due next year, repay the outstanding balance under the 2024 SCL revolving credit facility, and for general corporate purposes, including capital expenditures. (gc/u)~ AASTOCKS Financial News Website: www.aastocks.com This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. | |