Las Vegas Sands $1.5 billion revolving credit facility
We advised the lenders on the revolving credit facility
Davis Polk advised the joint lead arrangers, joint bookrunners, administrative agent and swing line lender in connection with a $1.5 billion unsecured revolving credit facility for Las Vegas Sands Corp.
Las Vegas Sands is the leading global developer and operator of destination properties that feature premium accommodations, world-class gaming, entertainment and retail malls, convention and exhibition facilities, celebrity chef restaurants and other amenities. Las Vegas Sands’ portfolio of properties includes Marina Bay Sands in Singapore and the Venetian Macao, the Plaza and Four Seasons Hotel Macao, the Londoner Macao, the Parisian Macao and Sands Macao in Macao SAR, China, through majority ownership in Sands China Ltd.
The Davis Polk finance team included partner James A. Florack and associates Kendra L. Sandidge, Jenny Dai and Elena Smalline. Counsel Will Schisa provided sanctions advice. Counsel Loyti Cheng provided environmental advice. Counsel Tracy L. Matlock and associates Ben Silver and Alex Ang Gao provided tax advice. Members of the Davis Polk team are based in the New York and Washington DC offices.