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SANDS CHINA LTD Repays US$1B Term Loan to Parent Firm Early
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SANDS CHINA LTD (01928.HK) announced that it had repaid the loan to its parent company, Las Vegas Sands Corp. (LVS.US), in full prior to its maturity. The announcement disclosed that SANDS CHINA LTD had previously entered into a loan agreement with LVS. It is understood that on July 11, 2022, LVS extended to SANDS CHINA LTD a subordinated unsecured term loan in the amount of US$1 billion on July 11, 2022, which is repayable on July 11, 2028, and is pre-payable by SANDS CHINA LTD in whole or in part at any time without penalty. AAStocks Financial News |
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