Slaughter and May, Hong Kong, has advised Sands China Ltd. (Sands China) in relation to its issue of US$1.5 billion senior notes listed on the Hong Kong Stock Exchange, comprising US$800 million 3.800% senior notes due 2026 and US$700 million 4.375% senior notes due 2030.
The joint bookrunning managers in respect of the senior notes issue are Barclays Capital Inc., BofA Securities, Inc. and Goldman Sachs & Co. LLC.
The ‘professional investors only’ senior notes are listed on the Hong Kong Stock Exchange. Slaughter and May, Hong Kong, has also advised Sands China Ltd. in relation to its first-ever issue of debt securities.
Sands China is listed on the Main Board of the Hong Kong Stock Exchange and a subsidiary of Las Vegas Sands Corp., a company listed on the New York Stock Exchange. Headquartered in Macao, Sands China is the leading developer, owner and operator of large-scale integrated resorts in Macao. In 2019, all Sands China properties, The Venetian Macao, Sands Cotai Central, The Parisian Macao, The Plaza Macao and Sands Macao, attracted a combined total of 98.2 million visitors or approximately 269,000 visitors per day. Sands China also owns Cotai Expo, one of the largest convention and exhibition centres in Asia, as well as Macao’s largest entertainment venue, the Cotai Arena. Sands China properties collectively feature over 11,700 luxury suites and hotel rooms, more than 150 different restaurants and food outlets, spas and theatres for live performances, as well as other integrated resort amenities.