Venetian to pick $2.25bn loan arrangers this week
Venetian Macau is expected to pick the arrangers of its $2.25bn dual-tranche loan at the end of this week, as it looks to raise funds to refinance existing debt and for a new project.
The deal is split into two: a $1.5bn revolver and a $750m term loan, according to bankers. Both tranches have a six year tenor.
Participants are allowed to make commitments in US dollars, HK dollars or in Macau pataca, they added.
The gaming company, owned by Sands China,
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