So MGM Mirage has worked out a deal with its creditors to extend the deadline for payment of $3.6B of MGM’s total $13B debt. Now Las Vegas Sands’ COO Michael Leven wants to work out a similar deal with its creditors on $5B of its total $11B debt. Something for Mr. & Mrs. Middle America to ponder when their bank refuses to renegotiate their mortgage, hmm?
MGM, lenders extend debt; LV Sands plans similar move
