Las Vegas Sands Corp. filed SEC Form 8-K: Termination of a Material Definitive Agreement
$LVS
Hotels/Resorts
Consumer Discretionary
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) February 28, 2025
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| ITEM 1.02. | Termination of a Material Definitive Agreement. | ||||
As previously disclosed, on February 21, 2025, Marina Bay Sands Pte. Ltd. (“MBS” or the “Borrower”), a subsidiary of Las Vegas Sands Corp., entered into a Facility Agreement (the “2025 Singapore Credit Facility Agreement”) with the lenders party thereto and DBS Bank Ltd., as agent for the finance parties (“DBS”) and security trustee for the secured parties, and certain other parties thereto.
In connection with the consummation of the 2025 Singapore Credit Facility Agreement, on February 28, 2025, MBS (i) prepaid all outstanding Facility A Loans and Facility D Loans; (ii) repaid all Ancillary Outstandings; (iii) reduced the Available Facility for each Facility to zero; and (iv) cancelled the whole of the Ancillary Commitment of each Ancillary Lender under the facility agreement, originally dated June 25, 2012, between MBS, the lenders party thereto and DBS, as agent for the finance parties and security trustee for the secured parties (as amended, supplemented and restated from time to time, the “Existing Facility Agreement”). Capitalized terms used herein and not defined herein are defined in the Existing Facility Agreement. Accordingly, all outstanding amounts under the Finance Documents have been discharged in full, and no Commitment of any Lender under the Existing Facility Agreement is in force.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report on Form 8-K to be signed on its behalf by the undersigned, hereunto duly authorized.
Dated: March 3, 2025
| LAS VEGAS SANDS CORP. | |||||||||||
| By: | /S/ D. ZACHARY HUDSON | ||||||||||
| Name: D. Zachary Hudson Title: Executive Vice President, Global General Counsel and Secretary | |||||||||||