Sands China Ltd.: Proposes to Issue Senior Notes
Sands China Ltd. announced that on October 27, 2026, the Company entered into a purchase agreement with Barclays Capital Inc., BofA Securities, Inc. and Goldman Sachs & Co. LLC in connection with the issuance of the Notes. The Board believes that the Notes Offering will extend the Company's debt maturity profile and further strengthen the Group's liquidity position. The Company estimates that the net proceeds from the Notes Offering will be approximately US$989 million. The Company intends to use the net proceeds from the Notes and cash on hand to fully redeem the outstanding principal amount of the US$700 million 2.300% 2027 Notes and any accrued interest, repay the outstanding balance under the 2024 SCL Revolving Facility, and for general corporate purposes.
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