Published on 11/21/2019 in the Prospect News Investment Grade Daily.
New Issue: Las Vegas Sands prices $500 million 2.9% five-year senior notes
By Cristal Cody
Tupelo, Miss., Nov. 21 – Las Vegas Sands Corp. priced $500 million of 2.9% senior notes (Baa3/BBB-/BBB-) due 2025 in a registered offering on Thursday, according to a news release.
The bookrunners were Barclays, BofA Securities, Inc., Goldman Sachs & Co. LLC, BNP Paribas Securities Corp., Fifth Third Securities Inc., Scotia Capital (USA) Inc. and SMBC Nikko Securities America Inc.
Proceeds will be used for general corporate purposes.
Las Vegas Sands is a Las Vegas-based developer and operator of integrated resorts.
Issuer: | Las Vegas Sands Corp.
|
Amount: | $500 million
|
Description: | Senior notes
|
Maturity: | 2025
|
Bookrunners: | Barclays, BofA Securities, Inc., Goldman Sachs & Co. LLC, BNP Paribas Securities Corp., Fifth Third Securities Inc., Scotia Capital (USA) Inc. and SMBC Nikko Securities America Inc.
|
Coupon: | 2.9%
|
Trade date: | Nov. 21
|
Settlement date: | Nov. 25
|
Ratings: | Moody’s: Baa3
|
| S&P: BBB-
|
| Fitch: BBB-
|
Distribution: | SEC registered
|
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.