May 11 (Bloomberg) -- Sands China Ltd., Asia’s biggest casino operator by market value, obtained $1.75 billion of debt financing from a group of banks to resume building a resort in Macau, Chief Executive Officer Steve Jacobs said.
Sands China may sign agreements with seven main banks, including international and Chinese lenders, as soon as this week, Jacobs said an interview in Hong Kong today. The company will also spend about $500 million from its initial public offering in November on the resort in Macau, the only place in China where casinos are legal.
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