What changed
Sands China priced $700 million of 6.400% senior notes due 2032 and $300 million of 6.700% senior notes due 2033, expected to close November 3, 2026. Net proceeds of approximately $989 million, together with cash on hand, will redeem in full the outstanding $700 million 2.300% senior notes due 2027 plus accrued interest, repay the balance on its 2024 SCL Revolving Facility, and fund general corporate purposes including capital expenditures. The refinancing extends maturities and clears the 2027 notes.
Why it matters
Sands China priced $700 million of 6.400% senior notes due 2032 and $300 million of 6.700% senior notes due 2033, expected to close November 3, 2026. Net proceeds of approximately $989 million, togeth