By Chien Mi Wong
(Bloomberg) — Marina Bay Sands Pte has obtained a $12 billion (US$9 billion) multi-tranche loan to fund a planned expansion of its casino resort in Singapore, according to a person familiar with the matter, marking the largest such financing in the city state ever.
DBS Group Holdings Ltd, Malayan Banking Bhd, Oversea-Chinese Banking Corp and United Overseas Bank Ltd were the coordinating banks on the credit facility, which attracted 22 other lenders when it was syndicated to the broader market, the person said, who asked not to be named discussing private matters.
A representative at Marina Bay Sands said the company doesn’t have “any information to provide at this time” when asked about the deal, while its parent…
Boutique Travel VC raises investment cap from $1.5M to $10M to lead rounds and support portfolio companies through growth Travel...
Read moreDetails
