LVS Casts Aside Stone; Considers Bond Buyback

Las Vegas Sands (LVS) has lost another high-profile executive less than a fortnight after the departure of chief operating officer Bill Wiedner. In the same announcement, the company confirmed it was considering an $800m debt buyback and has hired Goldman Sachs to negotiate the possible credit amendments.Brad Stone has resigned as president of global operations and construction just over a month after he received the title in February and after 14 years at the firm. Along with Weidner, LVS has also lost another board member, James Purcell, in recent weeks.

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