Loan & DebtMay 5, 2026, 05:22 PM
Las Vegas Sands to issue $1B in Senior Notes due 2031 and 2033
AI Summary
Las Vegas Sands Corp. entered into an underwriting agreement on May 4, 2026, to issue and sell $1 billion in aggregate principal amount of senior notes. This includes $500 million of 5.300% Senior Notes due 2031 and $500 million of 5.650% Senior Notes due 2033. The offering is anticipated to close around May 13, 2026, pending standard closing conditions.
Key Highlights
- Las Vegas Sands to issue $500,000,000 aggregate principal amount of 5.300% Senior Notes due 2031.
- The 2031 Notes will be offered at a public offering price of 99.787% of their principal amount.
- The company will also issue $500,000,000 aggregate principal amount of 5.650% Senior Notes due 2033.
- The 2033 Notes will be offered at a public offering price of 99.873% of their principal amount.
- The total aggregate principal amount of senior notes issued will be $1,000,000,000.
- The offering is expected to close on or about May 13, 2026, subject to customary closing conditions.