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Crown Resort’s declining credit rating could create new financial woes


Crown Resorts is in danger of being forced to repay more than A$175 million (US$135 million) if credit ratings agencies continue to mark down the casino empire. A junk, or “below investment grade,” rating would also make it harder and more expensive for Crown to borrow money.

Crown Resorts could be forced to repay $175m if credit rating is cut further (The Guardian)

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