{"id":32401,"date":"2022-08-05T05:59:51","date_gmt":"2022-08-05T08:59:51","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=32401"},"modified":"2022-08-05T12:37:59","modified_gmt":"2022-08-05T15:37:59","slug":"sands-china-extends-deadline-for-exchanging-outstanding-notes","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/sands-china-extends-deadline-for-exchanging-outstanding-notes","title":{"rendered":"Sands China extends deadline for exchanging outstanding notes"},"content":{"rendered":"\n
The exchange order for an aggregate of US$1.95bn principal value in senior notes has been extended to August 8.<\/p>\n\n\n\n\n\n\n\n
Macau.-\u00a0Sands China<\/strong>\u00a0has announced an extension of the deadline for exchanging US$1.95bn in outstanding notes until Monday, August 8. The senior notes were issued in three tranches, due in 2027, 2029 and 2031<\/strong>, but not registered for US regulatory purposes. <\/p>\n\n\n\n The company proposes to swap them for new notes with the same coupon and maturity but registered under the US Securities Act 1933. More than 99 per cent of original certificate holders had submitted exchanges by the original August 4 deadline. <\/p>\n\n\n\n