Tuesday, 21 July 2009

Las Vegas Sands, Wynn to seek Macau IPO 金沙, 永利擬申請澳門賭場業務集資招股 (金沙, 永利拟申请澳门赌场业务集资招股)

Las Vegas Sands will apply for an IPO of shares in its Macau casinos next month in Hong Kong, as one of the options to garner the funds. This will require the approval of lenders. The company recently said that an IPO of a minority stake in its Macau operations could likely raise about US$2 billion for the company. The stock offer will be for the company’s existing assets in Macau, where it already owns the Sands, the Venetian and the Four Seasons properties.

The fundraising exercise is expected to be completed in September. "We anticipate restarting (lots) 5 and 6 and finishing that in about a year from the time we start." Las Vegas Sands chairman and gaming tycoon Sheldon Adelson said.

Other sources have said that Wynn is also weighing an IPO of its Macau assets, to raise as much as US$1 to 2 billion. UBS, Morgan Stanley and J.P. Morgan have been hired to handle the transaction.

拉斯維加斯金沙集團(Las Vegas Sands)計畫8月向香港證交所申請澳門賭場業務IPO, 估計最快可于10月招股。 金沙曾表示, 公司希望集資40億美元, 澳門賭場上市是其中一個選擇。 金沙正與銀行磋商修訂2006年簽訂總值25億美元項目融資的條款, 為分拆上市計劃鋪路。 金沙已委任高盛作為上市保薦人。

香港證交所証券人士表示, 金沙集團赴港IPO反映出澳門博彩業收入在逐步回升。

除美國金沙外,同樣擁有澳門博彩牌照的永利 (Wynn), 亦擬分拆澳門業務上市。 永利料最快第四季開始招股。 永利已委任摩根大通、瑞銀及摩根士丹利為保薦人, 計劃集資10億至20億美元。