-+ 0.00%
-+ 0.00%
-+ 0.00%
Sands China Limited announced that on October 27, 2026, the Company and Barclays Capital Inc., BofA Securities, Inc. and Goldman Sachs & Co. The LLC enters into a purchase agreement for the issuance of notes. The Board of Directors believes that the issuance of notes will prolong the maturity of the Company's debt and further consolidate the Group's working capital situation. The Company estimates that the net proceeds from the sale of the notes will be approximately US$989 million. The Company intends to redeem all of the net proceeds from the use of the notes and cash on hand for $700 million 2.300% of the outstanding principal amount of the 2027 notes and any accrued interest, repay the outstanding balance of the 2024 SCL Revolving Financing, and use it for general corporate purposes.
Share
Listen to the news
Sands China Limited announced that on October 27, 2026, the Company and Barclays Capital Inc., BofA Securities, Inc. and Goldman Sachs & Co. The LLC enters into a purchase agreement for the issuance of notes. The Board of Directors believes that the issuance of notes will prolong the maturity of the Company's debt and further consolidate the Group's working capital situation. The Company estimates that the net proceeds from the sale of the notes will be approximately US$989 million. The Company intends to redeem all of the net proceeds from the use of the notes and cash on hand for $700 million 2.300% of the outstanding principal amount of the 2027 notes and any accrued interest, repay the outstanding balance of the 2024 SCL Revolving Financing, and use it for general corporate purposes.
Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
What's Trending