Sands China Ltd, founded in 2004 and headquartered in Macau, is a leading developer and operator of integrated resorts in the region, aiming to provide world-class entertainment and hospitality experiences. The company operates several iconic properties, including The Venetian Macao and Sands Cotai Central, offering gaming, hotel accommodations, retail, dining, and MICE (meetings, incentives, conventions, and exhibitions) facilities.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Sands China Ltd began issuing bonds in 2008 to support its expansion initiatives and capital projects. Notably, the company raised $1 billion in 2014 through a bond offering to finance acquisitions and repay existing debt, highlighting its proactive financial management strategy. Currently, Sands China's bonds yield around 5.5%, competitive within the gaming industry, and feature provisions such as change of control protection, which adds a layer of security for bondholders. Recent news indicates the company is exploring additional bond issuances to further bolster its liquidity and fund upcoming developments.