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Sands China To Raise $3.7B Loan

Sands China is increasing a loan to $3.7 billion from an initially planned $3.5 billion.

Sands China is increasing a loan to $3.7 billion from an initially planned $3.5 billion, Bloomberg reports. The facility for Las Vegas Sands Corp.’s Chinese division is likely to close by the end of September.

The casino operator sold about 10 percent of the loan in general syndication to about 16 banks. The global coordinators on the underwritten facility include Bank of America Corp., Bank of China Macau, Barclays, BNP Paribas, Citigroup, Commerzbank and Credit Suisse.

Click here for the story from Bloomberg.

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