Las Vegas Sands Corp. Announces Proposed Senior Notes Offering

LAS VEGAS, July 24, 2019 /PRNewswire/ -- Las Vegas Sands Corp. (NYSE:  LVS) today announced that it intends to offer senior unsecured notes in a public underwritten offering. The principal amounts, interest rates and other key terms of the offering will be determined at the time of pricing. The notes will not be guaranteed by any of the company's subsidiaries.

The company intends to use the net proceeds from the offering of the notes, together with cash on hand, to repay outstanding term loans under its existing U.S. credit facility and to pay transaction-related fees and expenses. Any excess net proceeds will be used for general corporate purposes.

The offering of the notes will be made under the company's existing effective shelf registration statement on file with the Securities and Exchange Commission. 

The offering may be made only by means of a prospectus and related prospectus supplement. Potential purchasers of the notes can obtain copies of the prospectus and related prospectus supplement from Barclays Capital Inc., at c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, by telephone (toll-free) at 888-603-5847 or by e-mail at barclayspropsectus@broadridge.com; BofA Securities, Inc., by telephone (toll-free) at 1-800-294-1322; or Goldman Sachs & Co. LLC, by email at prospectusny@ny.email.gs.com or by telephone (toll-free) at 1-866-471-2526.

This press release shall not constitute an offer to sell, or the solicitation of an offer to buy, nor shall there be any sale of these securities, in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.

Forward-Looking Statements
This press release contains forward-looking statements made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995, including the company's ability to consummate the offering of the notes. Forward-looking statements involve a number of risks, uncertainties or other factors beyond the company's control, which may cause material differences in actual results, performance or other expectations. These factors include, but are not limited to, the company's ability to consummate the offering in the currently anticipated timeline, or at all, current market demand for these types of securities, and other factors detailed in the reports filed by the company with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date thereof. The company assumes no obligation to update such information.

About Las Vegas Sands Corp. (NYSE: LVS)
Las Vegas Sands Corp. is the world's pre-eminent developer and operator of world-class Integrated Resorts. We created the meetings, incentives, convention and exhibition (MICE)-based Integrated Resort. Our industry-leading Integrated Resorts provide substantial contributions to our host communities, including growth in leisure and business tourism, sustained job creation and ongoing financial opportunities for local small and medium-sized businesses. Our properties include The Venetian Resort and Sands Expo in Las Vegas and the iconic Marina Bay Sands in Singapore. Through majority ownership in Sands China Ltd., we have developed the largest portfolio of properties on the Cotai Strip in Macao, including The Venetian Macao, The Plaza and Four Seasons Hotel Macao, Sands Cotai Central and The Parisian Macao, as well as the Sands Macao on the Macao Peninsula.

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SOURCE Las Vegas Sands Corp.