Fitch alters Las Vegas Sands view to negative

Fitch Ratings said it changed the outlook to negative from stable and affirmed Las Vegas Sands Corp.'s and its subsidiaries, Marina Bay Sands Pte. Ltd.'s and Sands China Ltd.'s long-term issuer default ratings at BBB-.

In addition, Fitch affirmed LVS' and Sands China's senior unsecured debt at BBB- and Marina Bay's senior secured credit facility at BBB.

“The revision of the rating outlook to negative reflects weaker operating conditions in LVS' markets than those Fitch previously assumed at the onset of the pandemic,” Fitch said in a press release.

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