Shearman & Sterling advised Goldman Sachs and the other lead arrangers in connection with a $3.7 billion financing (available in HK$, MOP and US$) for VML US Finance, LLC, also known as Venetian Macau, a subsidiary of Las Vegas Sands Corp., for the development of Sands Cotai Central, an integrated casino resort on the Cotai Strip in Macau.
The Shearman & Sterling team included partners Gregory Tan (New York-Project Development & Finance), Cynthia Urda Kassis (New York-Project Development & Finance), Stephen Fishbein (New York-Litigation), Philip Urofsky (Washington, DC-Litigation), and Douglas McFadyen (Washington, DC-Tax) and associates Gaurav Chaudhari (New York-Project Development & Finance), Ada Ho (New York-Project Development & Finance), Kara Nottingham (Washington, DC-Litigation) and Tim Franklin (New York-Intellectual Property Transactions).