• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Thursday 31 July 2025
  • zh-hant 中文
  • ja 日本語
  • en English
IAG
Advertisement
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
  • 中文
  • 日本語
No Result
View All Result
IAG
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
  • 中文
  • 日本語
No Result
View All Result
IAG
No Result
View All Result

Las Vegas Sands reaches new SG$4 billion loan agreements for Marina Bay Sands expansion

Newsdesk by Newsdesk
Thu 5 Sep 2019 at 05:46
LVS says Yokohama IR should be “iconic like Marina Bay Sands”
233
SHARES
5.8k
VIEWS
Print Friendly, PDF & Email

Las Vegas Sands has entered into new loan agreements that will provide an additional SG$4 billion (US$2.89 billion) in funds for the expansion of its Singapore integrated resort, Marina Bay Sands.

The amended loan agreements comprise three facilities, including an extension to the termination date of term loans under the company’s Facility A to 31 August 2026. The amended Facility A Loans will be subject to interim quarterly amortization payments, beginning with the fiscal quarter ending 31 December 2019 in an amount equal to 0.50% of the principal amount outstanding.

The amended agreements also increase the amount of revolving credit commitments available by SG$250 million to a total of SG$750 million while extending the termination date of Facility B to 27 February 2026.

Meanwhile, under a Third Restated Facility Agreement, Las Vegas Sands revealed that certain lenders have committed to provide a new delayed draw term loan facility in an aggregate principal amount of up to SG$3.75 billion. The Facilty D will be available to the LVS’s subsidiary, Marina Bay Sands Pte. Ltd, at any time prior to 30 December 2024 “to finance project costs associated with the expansion project being developed pursuant to the Development Agreement, dated as of April 3, 2019, between MBS and the Singapore Tourism Board.”

The termination date for the Facility D is 31 August 2026.

LVS announced in April that it would invest around SG$4.5 billion (US$3.3 billion) into the expansion of Marina Bay Sands, including a new hotel tower, MICE facilities, a 15,000-seat arena and additional gaming space.

RelatedPosts

2021: Japan IR – Crunch time part 2

Nomura: Strong VIP volumes at Marina Bay Sands bodes well for Genting Singapore’s own hotel upgrade decision

Thu 24 Jul 2025 at 14:24
Dr Wilfred Wong

The Londoner Macao shows benefits of multi-billion-dollar revamp as 2Q25 performance pushes Sands China revenues to US$1.79 billion

Thu 24 Jul 2025 at 05:17
Singapore’s Changi Airport now Asia’s busiest airport as Hong Kong falls further behind

Singapore’s Changi Airport says passenger traffic from China up almost 16% in 2Q25

Wed 23 Jul 2025 at 05:55
Morgan Stanley: Macau’s peninsula IRs could claim some GGR share from closure of SJM’s satellites

Seaport raises Macau GGR forecast for second half of 2025, increases target price for almost all Macau-linked stocks

Tue 22 Jul 2025 at 06:49
Load More
Tags: expansionLas Vegas Sandsloanloan facilityMarina Bay SandsSingaporeSingapore Tourism Board
Share94Share16
Newsdesk

Newsdesk

The IAG Newsdesk team comprises some of the most experienced journalists in the Asian gaming industry. Offering a broad range of expertise, their decades of combined know-how spans multiple countries across a variety of topics.

Current Issue

Rashid Suliman – A road well traveled

Rashid Suliman – A road well traveled

by Ben Blaschke
Thu 31 Jul 2025 at 02:45

Rashid Suliman, Vice President of Global Gaming Asia-Pacific for casino solutions provider TransAct Technologies, provides some insight into his unique...

Macau’s IP Economy

Macau’s IP Economy

by Pierce Chan
Thu 31 Jul 2025 at 02:01

As Generation Z – those born between 1995 and 2010 – gradually becomes the main force in consumption, the IP...

Keeping it local

Keeping it local

by Newsdesk
Thu 31 Jul 2025 at 01:48

Melco’s House of Dancing Water provides the company a unique opportunity to help develop and nurture local talent while enabling...

7 Deadly Sins

7 Deadly Sins

by Newsdesk
Thu 31 Jul 2025 at 00:28

Global betting company 1xBet threw a memorable party in Manila in June, featuring as brand ambassador none other than world-renowned...

Evolution Asia
Your browser does not support HTML5 video.
Aristocrat
GLI
Nustar
SABA
Mindslot
Solaire
Hann
Tecnet
NWR
Jumbo
568Win

Related Posts

PAGCOR to slash license fees charged to Philippine IR operators on online gaming GGR to new low of 25%

PAGCOR’s net income up 64% to US$188 million in first six months of 2025

by Ben Blaschke
Wed 30 Jul 2025 at 17:05

Philippine gaming regulator PAGCOR registered net income of Php10.8 billion (US$188 million) in the first six months of 2025, up 64.3% year-on-year thanks in part to a 14% increase in revenues to Php51.8 billion (US$899 million). A day after revealing...

FBM launches eight new slot themes into Mexican casino market

FBM launches eight new slot themes into Mexican casino market

by Newsdesk
Wed 30 Jul 2025 at 15:59

Industry supplier FBM says it has launched eight new slot themes into Mexico, offering five game features and two shared jackpots. The titles are “Mystery Gems”, “Lucky Neko”, “Dragon Festival”, “Han’ei Panda”, “Dragon Jewels”, “Fruity Splash”, “Flow of Fortune” and...

Hong Kong’s Far East Consortium reports first full year gaming revenue after Australian, European acquisitions

Star says deal now “unlikely” to offload Queen’s Wharf Brisbane assets to Hong Kong partners

by Ben Blaschke
Wed 30 Jul 2025 at 13:53

A deal that would have seen Star Entertainment Group’s 50% stake in the multi-billion-dollar Queen’s Wharf Brisbane development acquired by its Hong Kong partners looks unlikely to proceed with the parties having failed to finalize necessary long-form documentation before their...

AUSTRAC launches Federal Court action against clubs giant Mounties for alleged serious and systemic non-compliance with AML laws

AUSTRAC launches Federal Court action against clubs giant Mounties for alleged serious and systemic non-compliance with AML laws

by Ben Blaschke
Wed 30 Jul 2025 at 12:55

Australian AML watchdog AUSTRAC has launched Federal Court civil penalty proceedings against one of the country’s largest clubs, Mount Pritchard District and Community Club – better known as Mounties – for alleged serious and systemic non-compliance with the country’s anti-money...

Your browser does not support the video tag.


IAG

© 2005-2025
Inside Asian Gaming.
All rights reserved.

  • SUBSCRIBE FREE
  • NEWSFEED
  • MAG ARTICLES
  • VIDEO
  • OPINION
  • TAGS
  • REGIONAL
  • EVENTS
  • CONSULTING
  • CONTRIBUTORS
  • MAGAZINES
  • ABOUT
  • CONTACT
  • ADVERTISE
  • 中文
  • 日本語

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • 中文
  • 日本語
  • Subscribe
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
  • Events
  • Contributors
  • Magazines
  • Advertise
  • Contact
  • About
  • Home for G2E Asia

© 2005-2025
Inside Asian Gaming.
All rights reserved.

  • 中文
  • English
  • 日本語