Sands China to receive US$1 bln loan from parent company
Tuesday 12 de July 2022 / 11:19
2 minutos de lectura
(Macao).- Sands China will receive a US$1 billion (MOP8 billion) loan from parent company Las Vegas Sands and repayable on July 11, 2028, the gaming operator announced.
‘The Loan Agreement highlights both LVS and the Company’s confidence in the long-term growth potential of Macau, and the availability of the Loan further bolsters the Company’s balance sheet position and liquidity,’ Sands added.
The gaming concessionaire has seen its gaming license extended by six months until December 31, 2022 and is currently preparing its bid for the Macau SAR new gaming concession public tender.
In the first two years from July 11, 2022, Sands China will have the option to elect to pay cash interest at 5 per year or payment-in-kind interest at 6 per year by adding the amount of such interest to the then-outstanding principal amount of the Loan, following which only cash interest at 5 per year will be payable.
Categoría:Casino
Tags: Sin tags
País: Macao
Event
iGaming Club Conference Cancun
24 de November 2025
Levon Nikoghosyan Confirms iGaming Cancun’s Success and Future LATAM Expansion
(Cancun, SoloAzar Exclusive).- The vibrant energy of iGaming Cancun has set the tone for a new chapter in the Latin American iGaming industry. Levon Nikoghosyan, CEO and Co-Founder of AffPapa and iGaming Club, shared his enthusiasm for the event’s debut in Mexico, highlighting its impact on the regional market and the company’s ambitious plans for the future.
Thursday 04 Dec 2025 / 12:00
iGaming Club Cancún 2025 Concludes Successfully with Strong Connections in Its First LatAm Edition
(Cancun, SoloAzar Exclusive).- iGaming Club Cancún 2025 came to a close last night with a comprehensive experience of conferences, networking, and the AffPapa iGaming Awards LATAM gala, consolidating itself as a unique space for operators, affiliates, and providers in the region.
Thursday 27 Nov 2025 / 12:00
iGaming Club Cancún 2025: Affiliates, Operators, and Innovation Take Center Stage on Final Day
(Cancun, SoloAzar Exclusive).- The second and final day of iGaming Club Cancún 2025 unfolds today, bringing together operators, affiliates, and select B2B providers in a unique networking and conference environment that highlights the evolving dynamics of the Latin American iGaming market.
Wednesday 26 Nov 2025 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.