Sands China to Fully Redeem $1.63 Billion Bonds Ahead of August Maturity

MT Newswires Live

May 23, 2025

Sands China (HKG:1928) plans to exercise its right to redeem all of its outstanding 5.125% bonds due August, totalling $1.63 billion in principal, on June 11, subject to the completion of a new financing transaction.

The casino operator intends to use a loan and/or internal cash resources to fund the redemption, according to a Friday filing with the Hong Kong Exchange.

The debt securities will be repaid in full, along with any unpaid interest up to the redemption date.

The redemption is conditional on Sands China securing financing on terms it deems satisfactory before the scheduled date. The company noted it may extend the timeline or waive the condition, depending on market circumstances.

Once redeemed, the notes will be delisted from the Hong Kong bourse.

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The company noted it may extend the timeline or waive the condition, depending on market circumstances.</p><p>Once redeemed, the notes will be delisted from the Hong Kong bourse.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1172","symbol_name":"赌场与赌博","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2537018459","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2537018459","pubTimestamp":1747993033,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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