Reuters, 13 Nov 2008, SingTel secures $1bn loan facility
MACAU/NEW YORK (Reuters) - Troubled casino company Las Vegas Sands Corp said it was in talks with a syndicate of banks to raise between $1.5 billion and $2 billion to finance its projects in Macau.
Sands has suspended construction on its expansion in the Chinese gaming enclave and said it was laying off most of the 11,000 construction staff working on its Macau projects.
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