Marina Bay Sands seeks record 9 billion dollar loan for expansion

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.

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