Marina Bay Sands Said to Seek Up to S$10 Billion Loan for Growth

11/30/2023 12:09
Marina Bay Sands Said to Seek Up to S$10 Billion Loan for Growth

Marina Bay Sands Pte plans to tap banks for a loan of as much as S$10 billion ($7.5 billion) as the luxury casino operator seeks to expand its hotel and entertainment business.

Marina Bay Sands Pte plans to tap banks for a loan of as much as S$10 billion ($7.5 billion) as the luxury casino operator seeks to expand its hotel and entertainment business.

The Las Vegas Sands Corp.-owned resort may start marketing the deal as early as next quarter, according to people with knowledge of the matter, who asked not to be identified as the matter is private. The plan will include the rollover of a delayed drawdown facility, refinancing of existing loans and new debt. Terms may change as deliberations are at a preliminary stage, they said.

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