Sands China completes US$1 billion notes offering

Macau concessionaire Sands China Ltd has completed its recently announced US$1.0 billion private offering of senior unsecured notes, with proceeds to be used primarily to refinance existing debt and support ongoing corporate and capital expenditure requirements. The casino operator, which counts US-based Las Vegas Sands Corp as its controlling shareholder, confirmed via a Hong Kong Stock Exchange filing that it has closed the offering of two series of senior unsecured notes comprising US$700 million of 6.400% Senior Notes due 2032 and US$300 million of 6.700% Senior Notes due 2033.