Sands China to raise US$1 billion through new senior notes offering

Sands China this morning priced a US$1 billion senior notes offering, to be issued in two tranches and with proceeds to be used primarily to refinance existing debt and strengthen the Macau casino operator’s liquidity position. This follows an initial announcement by the company on Tuesday around the proposed issue of the notes. Revealing pricing on a Wednesday morning filing, Sands China said it has entered into a purchase agreement with Barclays Capital, BofA Securities and Goldman Sachs for the issuance of the two tranches of notes, expected to close on 3 November 2026.