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Moody’s affirms Genting Singapore’s Baa1 rating
Thursday 10th of April 2014
Genting Singapore’s Baa1 credit rating has been reaffirmed by analysts at Moody’s Investors Service, with a stable rating, reflecting the company’s strong liquidity and stable operating cash flows from Resorts World Sentosa. “We expect GENS to remain financially prudent as it pursues growth opportunities in Asia, particularly after the completion of its flagship integrated resort, Resorts World Sentosa,” analyst Jacintha Poh said.
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