Nov

24

Cotai Strip might get new financing

Filed Under Macau, Macao, Las Vegas Sands, Cotai Strip® 

Reuters is reporting that Goldman Sachs could be working on a $1 billion loan for Las Vegas Sands’ Cotai Strip, and the article indicates that sources speculate that the loan could be used for recently suspended sites 5 and 6. A $1 billion loan is a far cry from the $5 billion plus loan they had been previously hoping for, but you’ve got to start somewhere I suppose. 
Full Reuters article here.

Note: Cotai Strip is a trademark of Las Vegas Sands Corp.

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