Las Vegas Sands Corp.
Las Vegas Sands Subsidiary Enters into New Credit Facility Agreement
Summary
On February 21, 2025, Marina Bay Sands Pte. Ltd., a subsidiary of Las Vegas Sands Corp., entered into a new credit facility agreement providing for a SGD 3.75 billion term loan, a SGD 750 million revolving credit facility, and a SGD 7.5 billion term loan facility to finance the Marina Bay Sands integrated resort expansion project. The agreement contains customary financial covenants and events of default. On February 18, 2025, the subsidiary also notified DBS Bank Ltd. of its intent to prepay all outstanding indebtedness under a previous credit agreement, contingent on receiving the proceeds from the new facilities. A copy of the 2025 Singapore Credit Facility Agreement is attached as Exhibit 10.1.
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Exhibits (1)
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About Las Vegas Sands Corp.
Las Vegas Sands Corp. is a leading developer and operator of world-renowned integrated resorts. The company's primary function is to create and manage properties that combine upscale hotels, state-of-the-art convention and exhibition facilities, and top-tier entertainment options. These resorts particularly cater to the corporate hospitality sector, offering expansive meeting and conference spaces that attract international business tourism. Las Vegas Sands Corp. has a significant presence in the Asia-Pacific and United States regions, owning landmark properties such as The Venetian and The Palazzo on the Las Vegas Strip and Marina Bay Sands in Singapore. The company's focus on luxury and comprehensive hospitality services underscores its impact on the travel and leisure industry. With a commitment to sustainability and innovation, Las Vegas Sands Corp. plays a vital role in shaping the future of global tourism and hospitality, contributing substantially to the economic development of the regions where it operates.
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