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Tag: Credit-rating

2021-01-14
The New Year has brought little reprieve to Macau’s gaming operators, with analysts scaling back their expectations for the first half of 2021 amidst new outbreaks of Covid-19 across the region.

2019-12-04
On Wednesday, S&P Global Ratings lowered its long-term issuer credit rating on Genting Malaysia to 'BBB+' from 'A-', citing the firm’s aggressive expansion plans that are increasing leverage and weakening cash flow.

2019-05-02
MGM China Holdings says it’s raising $1.25 billion through a private placement of senior notes to help repay outstanding funds under its credit facility.

2019-04-10
Genting Singapore’s S$4.5 billion plan to expand its non-gaming attractions will only have a modest impact on its leverage and earnings and therefore its credit rating remains unchanged, Fitch Ratings said in a report.

2018-12-20
Fitch Ratings has affirmed Macau’s credit rating at “AA” with a stable outlook, citing the territory’s “exceptionally strong public and external finances, combined with a demonstrated commitment to fiscal prudence during periods of both gaming...

2018-12-02
Fitch Ratings assigned Universal Entertainment Corporation a “Long-Term Foreign-Currency Issuer Default Rating of 'B+' with a Stable Outlook” after providing a modestly optimistic assessment of the firm, especially its Okada Manila IR in the Philippines.

2018-01-23
The credit profile of Macau’s casinos operators is likely to improve in 2018, though upgrades are not likely to be on the cards due to the intrinsic

2017-05-24
Moody’s Investor Service on Wednesday affirmed Macau’s Aa3 issuer rating, and changed the outlook to stable from negative. According to a note fro

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