Summary by Moomoo AI
Las Vegas Sands Corp. (LVS) has announced the issuance of three series of senior unsecured notes totaling $1.75 billion. The offering includes $750 million of 5.900% Senior Notes due 2027, $500 million of 6.000% Senior Notes due 2029, and $500 million of 6.200% Senior Notes due 2034. The notes are being offered through a syndicate of underwriters led by Barclays, BofA Securities, and Goldman Sachs & Co. LLC, with BNP PARIBAS, Morgan Stanley, Scotiabank, and SMBC Nikko also participating. The proceeds from the offering are intended for general corporate purposes, which may include capital expenditure programs, development projects, and other strategic initiatives. The issuance is part of a shelf registration and will be subject to customary closing conditions. The notes will be senior unsecured obligations of the company and will rank equally with LVS's existing and future senior unsecured indebtedness.