Las Vegas Sands Corp.
Las Vegas Sands Corp. Terminates 2025 Singapore Credit Facility Agreement
Summary
On February 28, 2025, Marina Bay Sands Pte. Ltd., a subsidiary of Las Vegas Sands Corp., terminated the 2025 Singapore Credit Facility Agreement by prepaying all outstanding loans and repaying all ancillary outstandings. This action led to the cancellation of the Existing Facility Agreement, originally dated June 25, 2012, between Marina Bay Sands Pte. Ltd., the lenders, and DBS Bank Ltd. as agent and security trustee. As a result, all commitments under the Existing Facility Agreement are no longer in force.
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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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