Las Vegas Sands announced it completed an amendment and restatement of its Marina Bay Sands credit facility that extends the maturities through the end of decade.
According to a related 8-K filing, DBS Bank was shown as agent for the lender group that provided the amendment.
Las Vegas Sands chairman and CEO Sheldon G. Adelson stated, “We are extremely pleased to have completed the amendment and restatement of our Marina Bay Sands Credit Facility. The amendment extends our maturities through the end of the decade, which enhances our balance sheet strength and financial flexibility, as well as our ability to increase the return of capital to shareholders. We greatly appreciate the strong support of our lending group and the continued confidence they have shown in our company.”
Las Vegas Sands is a developer and operator of integrated resorts that feature convention and exhibition facilities, accommodations, gaming and entertainment, destination retail and dining including celebrity chef restaurants, and many other amenities.