Las Vegas
Sands Corp. Completes the Exchange Offer of Its
Senior Notes
Las Vegas Sands Corp. announced
today that it has completed its offer to exchange
its outstanding $250 million of 6.375% Senior Notes
due 2015 for 6.375% Senior Notes due 2015 that have
been registered under the Securities Act of 1933,
as amended.
The exchange offer was made in order to satisfy
certain obligations of LVS contained in a Registration
Rights Agreement entered into by LVS when it issued
the 6.375% Senior Notes in February 2005. The exchange
offer expired at 5:00 p.m., New York City time,
on July 21, 2005. All of the outstanding 6.375%
Senior Notes due 2015 were tendered in the exchange
offer. The new notes are substantially identical
to the notes for which they were exchanged, except
that the new notes have been registered under the
Securities Act of 1933, as amended, and, as a result,
the transfer restrictions and registration rights
provisions applicable to the original notes do not
apply to the new notes.
Statements in this press release which are not
historical facts are "forward looking"
statements that are made pursuant to the Safe Harbor
Provisions of the Private Securities Litigation
Reform Act of 1995. Forward-looking statements involve
a number of risks, uncertainties or other factors
beyond the Company's control, which may cause material
differences in actual results, performance or other
expectations. These factors include, but are not
limited to general economic conditions, competition,
new ventures, government regulation, legalization
of gaming, interest rates, future terrorist acts,
insurance, and other factors detailed in the reports
filed by Las Vegas Sands Corp. with the SEC.
ABOUT LAS VEGAS SANDS CORP.
Las Vegas Sands Corp. is a hotel, gaming, resort
and exhibition/convention company headquartered
in Las Vegas, Nevada. The company owns The Venetian
Resort Hotel Casino and the Sands Expo and Convention
Center, where it hosts exhibitions and conventions,
in Las Vegas and the Sands Macao in the People's
Republic of China Special Administrative Region
of Macao. The company is also developing additional
casino hotel resort properties, including The Palazzo
Resort Hotel Casino in Las Vegas and The Venetian
Macao Casino Resort in Macao.
Source: Las Vegas Sands Corp.
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