Sands China Ltd.

LAS VEGAS – October 29, 2026 -- Sands China Ltd. has priced $1 billion of senior notes, with net proceeds of approximately $989 million earmarked largely to refinance existing debt, parent company Las Vegas Sands Corp. (NYSE: LVS) said.

Two-tranche offering carries coupons of 6.400% and 6.700%

The majority-owned LVS subsidiary priced $700 million of 6.400% senior notes due 2032 and $300 million of 6.700% senior notes due 2033. The offering is expected to close on November 3, 2026, subject to customary closing conditions.

Proceeds will retire $700 million of 2.300% notes due 2027

Sands China will combine the net proceeds with cash on hand to redeem in full its US$700 million 2.300% senior notes due 2027, plus accrued interest. The 6.400% coupon on the new 2032 tranche is 4.1 percentage points above the coupon on the notes being retired.

LAS VEGAS – October 29, 2026 -- Sands China Ltd. plans to issue USD-denominated senior unsecured notes to redeem in full its outstanding US$700 million 2.300% senior notes due 2027, parent company Las Vegas Sands Corp. (NYSE: LVS) said.

Proceeds target bond redemption, revolver repayment and capex

Sands China will combine net proceeds with cash on hand to redeem the 2027 notes plus any accrued interest. It will also repay the outstanding balance on its 2024 SCL Revolving Facility. Remaining funds are earmarked for general corporate purposes, including capital expenditures.

The principal amounts, interest rates and other key terms will be set at pricing. None have been disclosed.