{"id":1343,"date":"2024-11-20T08:49:37","date_gmt":"2024-11-20T09:49:37","guid":{"rendered":"http:\/\/buckinghamshire-removals.co.uk\/?p=1343"},"modified":"2024-11-21T14:11:50","modified_gmt":"2024-11-21T14:11:50","slug":"marina-bay-sands-seeking-record-breaking-us9bn-loan-to-fund-expansion-and-refinancing","status":"publish","type":"post","link":"http:\/\/buckinghamshire-removals.co.uk\/index.php\/2024\/11\/20\/marina-bay-sands-seeking-record-breaking-us9bn-loan-to-fund-expansion-and-refinancing\/","title":{"rendered":"Marina Bay Sands Seeking Record-Breaking US$9bn Loan to Fund Expansion and Refinancing"},"content":{"rendered":"<div style=\"margin-top: 0px;margin-bottom: 0px\" class=\"sharethis-inline-share-buttons\"><\/div>\n<p>Singapore casino resort Marina Bay Sands (MBS) is reportedly seeking a loan facility totaling about US$9bn over seven years to help fund expansion and refinance existing debt.<\/p>\n<p>If discussions with banks come to fruition, <em>Bloomberg<\/em> reported it would smash the previous record Singapore loan of US$6.9bn from 2012 when Thai billionaire Charoen Sirivadhanabhakdi acquired Fraser &amp; Neave Ltd.<\/p>\n<blockquote class=\"wp-block-quote\">\n<p>MBS&#8217;s parent company Las Vegas Sands estimated the work will cost about US$8bn<\/p>\n<\/blockquote>\n<p>Among the planned renovations are the building of a fourth hotel tower that will have a gaming floor, a 15,000-seat arena, 570 new luxury suites, and a SkyPark. MBS\u2019s parent company Las Vegas Sands estimated the work will cost about US$8bn, including US$4.7bn in design and building costs and US$2bn of land premiums.<\/p>\n<p>Expansion work will begin by June 2025, and Las Vegas Sands hopes everything will be ready to open by January 2031.<\/p>\n<p>MBS is one of two mega casino resorts in Singapore, with its rival, Resorts World Sentosa, struggling recently to meet regulatory expectations. The country\u2019s Gambling Regulatory Authority granted a two-year license extension this week as opposed to the typical three-year term due to the property\u2019s \u201cunsatisfactory\u201d tourism performance.<\/p>\n<p>The post <a rel=\"nofollow\" href=\"https:\/\/www.vegasslotsonline.com\/news\/2024\/11\/20\/marina-bay-sands-seeking-record-breaking-us9bn-loan-to-fund-expansion-and-refinancing\/\">Marina Bay Sands Seeking Record-Breaking US$9bn Loan to Fund Expansion and Refinancing<\/a> appeared first on <a rel=\"nofollow\" href=\"https:\/\/www.vegasslotsonline.com\/news\">Vegas Slots Online News<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p class=\"text-justify mb-2\" >Singapore casino resort Marina Bay Sands (MBS) is reportedly seeking a loan facility totaling about US$9bn over seven years to help fund expansion and refinance existing debt. If discussions with banks come to fruition, Bloomberg reported it would smash the previous record Singapore loan of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[10],"tags":[],"_links":{"self":[{"href":"http:\/\/buckinghamshire-removals.co.uk\/index.php\/wp-json\/wp\/v2\/posts\/1343"}],"collection":[{"href":"http:\/\/buckinghamshire-removals.co.uk\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/buckinghamshire-removals.co.uk\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/buckinghamshire-removals.co.uk\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/buckinghamshire-removals.co.uk\/index.php\/wp-json\/wp\/v2\/comments?post=1343"}],"version-history":[{"count":1,"href":"http:\/\/buckinghamshire-removals.co.uk\/index.php\/wp-json\/wp\/v2\/posts\/1343\/revisions"}],"predecessor-version":[{"id":1344,"href":"http:\/\/buckinghamshire-removals.co.uk\/index.php\/wp-json\/wp\/v2\/posts\/1343\/revisions\/1344"}],"wp:attachment":[{"href":"http:\/\/buckinghamshire-removals.co.uk\/index.php\/wp-json\/wp\/v2\/media?parent=1343"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/buckinghamshire-removals.co.uk\/index.php\/wp-json\/wp\/v2\/categories?post=1343"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/buckinghamshire-removals.co.uk\/index.php\/wp-json\/wp\/v2\/tags?post=1343"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}