Las Vegas Sands Agrees With Lenders On Dividend Program Suspension
Las Vegas Sands Corp has reached a deal with its lenders about its dividend program. The company will suspend its program until the end of 2022 unless it reaches liquidity of a billion dollars. LVS will sell off its Las Vegas properties for $6.25 billion. It suffered a $757 million loss in 2020 due to the COVID-19 pandemic and another $139 million in the second quarter of 2021.
