Rochester, NY 7/10/2009 11:45:58 PM
Afternoon Results - LVS - $3-$4 Billion in Fundraising Part of New Options for Las Vegas Sands Corp. - Sourced WhisperFromWallStreet.com
Las Vegas Sands Corp.
Afternoon Results - LVS - $3-$4 Billion in Fundraising Part of New Options for Las Vegas Corp. - Sourced WhisperFromWallStreet.com
LAS VEGAS SANDS CORP,LVS
6.92 Down 0.48 (6.49%) 12:37pm ET
Reuters reported that Las Vegas Sands Corp. wants to raise $3-$4 billion and is considering several options including an IPO of its Macau assets in Hong Kong. Sands may also raise cash by selling stakes to private equity firms or getting construction companies involved in its projects to assemble their own financing. The Company denied reports that the firm was considering a bond issue in the United States.
Last Trade: 6.92
Day's Range: 6.85 - 7.37
52wk Range: 1.38 - 59.17
Volume: 18,183,429
ABOUT
Las Vegas Sands Corp. and its subsidiaries develop multi-use integrated resorts worldwide. It owns and operates The Venetian Resort Hotel Casino, The Palazzo Resort Hotel Casino, and The Sands Expo and Convention Center in Las Vegas, Nevada; and the Sands Macao, The Venetian Macao Resort Hotel, and the Four Seasons Hotel Macao, Cotai Strip in Macao, the People?s Republic of China. The company is also developing Marina Bay Sands, an integrated resort in Singapore; and Sands Casino Resort Bethlehem, an integrated resort in Bethlehem, Pennsylvania. Las Vegas Sands Corp. was founded in 1988 and is headquartered in Las Vegas, Nevada.
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