Las Vegas Sands corp.’s $3.5 Billion Notes Offering

Davis Polk advised the underwriters in connection with the debut SEC-registered notes offering by Las Vegas Sands Corp. of $1.75 billion of its 3.200% senior notes due 2024, $1 billion of its 3.500% senior notes due 2026 and $750 million of its 3.900% senior notes due 2029.

Las Vegas Sands intends to use the net proceeds from the offering to repay outstanding term loans under its existing credit facility and for general corporate purposes.

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 (Picture) and associates Carrie Guo and Crystal Chi. The tax team included counsel Ethan R. Goldman and associate Joseph Jarashow. The intellectual property and technology team included partner Frank J. Azzopardi and associate Yifu Chen. The environmental team included counsel David A. Zilberberg and associate Rachel Hoberman.

Involved fees earner: Frank Azzopardi – Davis Polk & Wardwell; Yifu Chen – Davis Polk & Wardwell; Crystal Chi – Davis Polk & Wardwell; Derek Dostal – Davis Polk & Wardwell; Ethan Goldman – Davis Polk & Wardwell; Carrie Guo – Davis Polk & Wardwell; Rachel Hoberman – Davis Polk & Wardwell; Joseph Jarashow – Davis Polk & Wardwell; David Zilberberg – Davis Polk & Wardwell;

Law Firms: Davis Polk & Wardwell;

Clients: Las Vegas Sands Corp.;