Las Vegas Sands (LVS) Plans Hong Kong IPO of Macau Assets Shortly

According to various reports, Las Vegas Sands Corp. (NYSE: LVS) plans to file an IPO in Hong Kong for its Macau assets early next month.

Las Vegas Sands is also seeking amendments to its bank loans, including relaxed loan covenants and permission to sell up to $1.5 billion in new debt.

Late last week, shares of LVS rallied ahead of the announcement of such news. In fact, as StreetInsider.com noted, analysts at Goldman Sachs suspended coverage of LVS Thursday "as a results of the company's potential capital raising transactions involving its Macau assets."

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