Las Vegas Sands Subsidiary Announces $3.5 Billion Refinancing

Sands China Ltd., a majority owned subsidiary of Las Vegas Sands Corp. LVS announced today that Sands China has received lender commitments for US$3.5 billion and will have the option to raise an incremental US$1.0 billion of new senior secured credit facilities under existing baskets within the new credit facilities. The new credit facilities, once entered into, are expected to significantly reduce the company's interest expense, extend the company's debt maturities to 2016, enhance the company's financial flexibility and further strengthen the company's financial position.