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twitterCompany files with SEC over exchange of notes
Tuesday, June 7, 2005 | 10:57 a.m.
Las Vegas Sands Corp. this morning filed a registration statement with the Securities and Exchange Commission for a planned offer to exchange $250 million of its outstanding 6.375 percent senior notes for similar notes that have been registered under the Securities Act of 1933.
Both the original and offered notes are due in 2015.
The company's SEC filings indicate that holders of the original notes who fail to execute an exchange could find their trading market limited. The company also said it will not receive any proceeds from the exchange.
"We are making this exchange solely to satisfy our obligations under the registration rights agreement entered into in connection with the offering of the initial notes," the SEC filing said.
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