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Published on 6/16/2004 in the Prospect News High Yield Daily.

Venetian, Las Vegas Sands receive tenders of $6.4 million 11% notes

New York, June 16 - Venetian Casino Resort LLC and Las Vegas Sands Inc. said holders tendered $6.36 million principal amount of their 11% mortgage notes due 2010.

As a result $843.64 million of the notes remain outstanding.

The Las Vegas casino operator was offering to buy up to $500.047 million of the notes using proceeds of an asset sale.


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