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Published on 9/9/2021 in the Prospect News Emerging Markets Daily and Prospect News Investment Grade Daily.

Fitch rates Sands China notes BBB-

Fitch Ratings said it assigned a BBB- rating to Sands China, Ltd.'s announced senior unsecured notes. SCL's long-term issuer default rating is BBB-. Fitch recently affirmed Las Vegas Sands Corp.'s and its subsidiaries' BBB- IDRs, whose ratings are linked.

The use of proceeds, includes redeeming $1.8 billion of Sands China’s 4.6% notes due 2023.

The outlook is negative.


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