Las Vegas Sands extends maturity on MBS credit facility

    Las Vegas Sands Corp. said it has completed an amendment and restatement of its Marina Bay Sands Credit Facility, pushing out maturities to the end of the decade.
    “The amendment and restatement extends our maturities through the end of the decade, which enhances our balance sheet strength and financial flexibility, as well as our ability to increase the return of capital to shareholders,” said Las Vegas Sands Chairman and Chief Executive Officer Sheldon Adelson.
    LVS’s Marina Bay Sands property is one of two integrated resorts in Singapore. It gave no further details of the terms of the facility.
    LVS stock was down almost 2 percent Friday at $66.38, with a 52-week range of $55.85 – $88.28.