Marina Bay Sands is seeking a loan of approximately S$12 billion, which would be the largest financing deal in Singapore"s history.
The loan is intended to support the expansion plans for the well-known casino resort in Singapore.
Major financial institutions, including DBS Group Holdings Ltd., Malayan Banking Bhd., Oversea-Chinese Banking Corp., and United Overseas Bank Ltd., are coordinating the loan.
The loan will have a seven-year tenor and will be syndicated to additional lenders.
The terms of the loan are still being negotiated and may change as discussions progress.