Sands China Ltd. (HKG:1928) announces that the company intend to prepay all of the remaining balance of its ferry financing facility, which was approximately HK$1.02 billion, on or before June 30, 2012. This early repayment of the remaining balance of the facility will result in an estimated average annual interest expense saving of approximately HK$18 million and an estimated total interest expense saving of approximately HK$68 million. It also further simplifi es the company's capital structure.

The ferry financing facility is, in accordance with its terms, scheduled to mature in December 2015. The prepayment will be made from the company's cash on hand.

Source:chinesestock.org