Davis Polk advised the underwriters in connection with the SEC-registered notes offering by Las Vegas Sands Corp. of $500 million of its 2.900% senior notes due 2025. Las Vegas Sands intends to use the net proceeds from the offering for general corporate purposes, which may include repurchases of the company's common stock under the existing authorization by its board of directors.
Las Vegas Sands is a leading global developer of destination properties that feature premium accommodations, world-class gaming, entertainment and retail, convention and exhibition facilities, celebrity chef restaurants and other amenities.
The Davis Polk capital markets team included partner Derek Dostal and associates Chris Van Buren and Michael Despres. The tax team included counsel Ethan R. Goldman and associate Tomislava Dragicevic. The intellectual property and technology team included partner Frank J. Azzopardi and associate Yifu Chen. The environmental team included counsel David A. Zilberberg. All members of the Davis Polk team are based in the New York office.