Sands China (HKG:1928) agreed to issue $700 million of senior notes due 2032 and $300 million of senior notes due 2033, according to a Tuesday Hong Kong bourse filing.
The 2032 notes carry an annual interest rate of 6.400%, while the 2033 notes carry a rate of 6.700%.
Sands China expects net proceeds of about $989 million, which are intended to repay its outstanding revolving credit facility balance and fund general corporate purposes, including capital expenditure.
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