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Published on 6/2/2020 in the Prospect News Bank Loan Daily, Prospect News Emerging Markets Daily and Prospect News High Yield Daily.

Fitch rates Sands China notes BBB-

Fitch Ratings said it assigned a BBB- rating to Sands China Ltd.’s proposed senior unsecured notes.

The proceeds will be used for incremental liquidity and for general corporate purposes.

Fitch also affirmed Las Vegas Sands Corp.’s and its subsidiaries Marina Bay Sands Pte. Ltd.’s and Sands China’s long-term issuer default ratings at BBB-.

Also, Fitch affirmed Las Vegas Sands’ and Sands China’s senior unsecured debt at BBB- and Marina Bay’s senior secured credit facility at BBB.

The outlook is stable.


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