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Sands secures Singapore funds
Las Vegas Sands Corp. has arranged credit of almost 5.5 billion Singapore Dollars (US$ 3.8 billion) to fund the development of the Marina Bay Sands resort casino in Singapore.
Las Vegas Sands Corp. President William Weidner said: "this is the largest private Singapore Dollar-denominated financing in Singapore's history...it was accomplished on very favourable terms in a challenging global credit environment."
The development remains on track for a late 2009 opening, according to Weidner, with the final design components nearly complete.
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