Sands China has entered into a loan agreement with its main shareholder, Las Vegas Sands Corp, to provide an unsecured term loan of US$1bn.
The loan is repayable on July 11, 2029.
Sands China said on the Hong Kong Stock Exchange: “The loan agreement highlights both Las Vegas Sands and our confidence in the long-term growth potential of Macau and the availability of the loan further bolsters the company’s balance sheet position and liquidity.”
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