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Published on 9/9/2021 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

Macau’s Sands China will conditionally redeem 2023 notes early

Chicago, Sept. 9 – Sands China Ltd. will exercise its option to redeem its 2023 notes early on Sept. 24 should its proposed issuance of senior notes close as expected, according to a notice.

There are $1.8 billion of the 4.6% 2023 notes outstanding.

The notes will be redeemed with a make-whole premium plus interest to the date of redemption.

Sands China is a resort developer and operator in Macau and is a subsidiary of Las Vegas Sands Corp.


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