- Las Vegas Sands (NYSE:LVS) has priced $1.75B of 3.200% senior notes due 2024, $1B of 3.500% senior notes due 2026 and $750M of 3.900% senior notes due 2029 in a public underwritten offering.
- The offering is expected to close on July 31.
- The company intends to use the net proceeds of ~$3.47B together with cash on hand, to repay outstanding term loans under its existing U.S. credit facility and to pay transaction-related fees and expenses. Any excess net proceeds will be used for general corporate purposes.