Las Vegas Sands Set To Raise Up TO $3.35 Billion In Macau IPO (LVS)
Sun. November 08, 2009; Posted: 04:55 PM
Nov 08, 2009 (SmarTrend(R) News Watch via COMTEX) --
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PowerRating -- 11/8/2009 - Las Vegas Sands (NYSE:LVS) is set to raise up to HK$25.95 ($3.35 billion) through an IPO of shares in its Macau business, according to a Reuters article that cited sources with direct knowledge of the matter. The company is selling 1.87 billion shares at a price ranging from HK$10.38 to HK$13.88 per share. Citigroup (NYSE:C) and Goldman Sacks (NYSE:GS) are the joint global coordinators for the offer as well as bookrunners. Other bookrunners include BNP Paribas, Barclays (NYSE:BCS), and UBS (NYSE:UBS).
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