Inside Asian Gaming

IAG MAY 2022年5月 亞博匯 12 SANDS CHINA SAYS ENOUGH CASH TO CONTINUE THROUGH 2022 金沙中國稱現有資金足夠持續到2022年底 MACAU CASINO CONCESSIONAIRE Sands China Ltd says it has the financial capacity to support ongoing operations and development projects until “at least” the end of 2022 should COVID-19 pandemic conditions continue long- term. Some details of the company’s current financial situation were made public as part of a registration statement filed with the US Securities and Exchange Commission, related to an exchange offer for US$1.95 billion in outstanding notes issued by the company last September. Sands China is looking to exchange the outstanding notes for new notes that have been registered under the Securities Act and don’t have any transfer restrictions. According to the registration statement, Sands China drew down a combined US$201 million under its 2018 SCL Credit Facility on 15 March 2022, with the proceeds to be used for “general corporate purposes”. It also revealed the company has another US$1.54 billion available under the facility. “Based on the current forecasts, we believe we are able to support continuing operations, complete the major construction projects that are underway and respond to the current COVID-19 pandemic challenges for at least 12 months from the end of the reporting period,” Sands China said, a reference to the FY21 period based on financials contained within the registration statement. “We have taken various mitigating measures to manage through the current environment, including a cost and capital expenditure reduction program to minimize cash outflow for non-essential items.” 澳門博企 金沙中國有限公司表示，在 COVID-19大流行長期持續的情況下，仍至 少有財力支持目前正在進行的營運及開發項 目到2022年年底。 該公司披露當前財務狀況的部分細 節，作為其向美國證券交易委員會提交的登 記聲明的一部分，有關聲明與金沙中國去年 9月發行的19.5億美元未償付票據的交換要 約有關。金沙中國正在尋求將這些未償票據 交換成已根據《證券法》登記且沒有任何轉 讓限制的新票據。 根據登記聲明，金沙中國於2022年3 月15日從其在2018年的SCL信用貸款中提 取了合計2.01億美元，所得款項用於「一般 企業用途」。公司同時透露，旗下設施目前 還有約15.4億美元的可用資金。 金沙中國稱：「根據目前的估算，我 們相信，從報告所述期間結束後至少12個 月內，我們仍然能夠持續經營，完成正在進 行的主要建設項目，應對當前的新冠疫情挑 戰。」 「我們採取了各種緩解措施來應對當 前環境，包括降低成本和資本支出的計劃， 以最大限度地減少非必須的現金支出。」