Las Vegas Sands $2 billion secondary offering
The shares are listed on the New York Stock Exchange
Davis Polk advised the representatives of the several underwriters in connection with the approximately $2.0 billion SEC-registered secondary offering of 46,264,168 shares of common stock of Las Vegas Sands Corp. by Miriam Adelson and the Miriam Adelson Trust. Las Vegas Sands repurchased 5,783,021 shares from the underwriters in the offering. The shares are listed on the New York Stock Exchange under the symbol “LVS.”
Las Vegas Sands Corp. 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 corporate team included partner Derek Dostal, counsel Chris Van Buren and associate Xuanling Xu. Counsel David A. Zilberberg provided environmental advice. Partner Frank J. Azzopardi and associate Alexis N. Wallace provided intellectual property advice. Partner Corey M. Goodman and associate Ben Silver provided tax advice. All members of the Davis Polk team are based in the New York office.