Las Vegas Sands Corp. announced that its subsidiary, Marina Bay Sands Pte. Ltd. (MBS), has fully repaid and terminated its existing credit facility agreement originally dated June 25, 2012. This action follows the company’s entry into a new 2025 Singapore Credit Facility Agreement on February 21, 2025.
As part of the termination process, MBS prepaid all outstanding Facility A and Facility D Loans, repaid all ancillary outstandings, reduced the available facility to zero, and canceled all ancillary commitments. With these steps completed as of February 28, 2025, all outstanding amounts under the prior facility have been discharged, and no commitments remain in force under the previous agreement.
This move marks a strategic financial restructuring for Marina Bay Sands, aligning its credit facilities with its current and future operational needs.
2025-03-03
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