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Las Vegas Sands completes pre-IPO financing for Hong Kong

10/22/2009| 3:58:56 PM| 中文

Las Vegas Sands has closed and funded its previously announced $600 million pre-IPO financing transaction.

Las Vegas Sands has closed and funded its previously announced $600 million pre-IPO financing transaction.

The company said it has the flexibility to utilize the net proceeds from the issuance of the bonds for general corporate purposes.

The bonds will be mandatorily exchangeable into common stock of one of its subsidiaries pending its successful initial public offering on the Hong Kong Stock Exchange.

Read the full story at:http://www.4hoteliers.com/4hots_nshw.php?mwi=6478#

TAGS: IPO | hotel
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