LAS VEGAS, NV--(Marketwired - Dec 2, 2013) - * *Las Vegas Sands (NYSE: LVS) announced today that its direct, wholly-owned subsidiary, Las Vegas Sands, LLC (the "Company" or the "Borrower"), intends to launch a refinancing of existing indebtedness on its U.S. Restricted Group credit facilities on Wednesday, December 4, 2013. Barclays Capital and Citi have been engaged by the Company to arrange the refinancing along with Bank of America Merrill Lynch, BNP Paribas, Goldman Sachs and Scotia Bank. The proposed refinancing would extend the maturity profile of the Company's long-term debt and remove certain financial covenants.
Reported by Marketwired 12 hours ago.
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