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Marina Bay Sands seeks record 12 billion dollar loan for expansion

Marina Bay Sands Pte is seeking to secure a loan of up to S$12 billion ($8.9 billion) to fund its casino resort expansion in Singapore, which would mark the largest financing deal in the city-state's history. DBS Group Holdings Ltd., Malayan Banking Bhd., Oversea-Chinese Banking Corp., and United Overseas Bank Ltd. are coordinating the loan arrangements.

Marina Bay Sands seeks record 9 billion dollar loan for expansion

Marina Bay Sands is pursuing a loan of approximately S$12 billion ($9 billion) to finance the expansion of its casino resort in Singapore, potentially marking the largest loan in the country’s history. The financing, coordinated by major banks including DBS Group and United Overseas Bank, will have a seven-year term and will be syndicated to additional lenders. Terms are still under negotiation and may change.

swiss stock market declines as trump administration raises tariff concerns

The Swiss stock market experienced a decline amid concerns over potential tariffs from the new Trump administration, which could lead to inflation and hinder interest rate cuts by the Fed. The euro faced pressure as Trump's Republican Party secured a majority in the US House of Representatives, facilitating his legislative agenda.
10:07 13.11.2024
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