Las Vegas Sands reshuffles loan

Las Vegas Sands Corp., the parent company of Sands China, got lender approval to extend and repay a portion of a U.S. term loan. Credit Suisse Group AG arranged the deal. According to the agreement, part of the US$4 billion (MOP32 billion) loan was extended by two and a half years in exchange for a higher interest rate and debt repayment, Bloomberg reported citing four people with knowledge of the situation. The amendment won’t affect Las Vegas Sands’ Macau and Singapore borrowings.