Search Results for: Moody's Investors Service
Moody’s upgrades outlook on Wynn Macau from ‘negative’ to ‘stable’
December 13, 2023
Moody's Investors Service upgraded Wynn Macau Ltd.'s outlook from "negative" to "stable."
Additionally, the corporation's senio...
Moody’s downgrades outlook for Macau ratings
December 7, 2023
Because of Macau SAR's close ties to China, which has also seen a downgrading, Moody's Investors Service has reduced the city's ra...
Moody’s considers MGM cyberattack as “credit negative”
September 15, 2023
Moody's Investors Service classifies as "credit negative" the recent cybersecurity incident that disrupted multiple functions acro...
MGM China terminates $750-million loan from MGM Resorts Int’l
March 21, 2024
The primary owner of MGM Resorts International, MGM China Holdings Ltd., the Macau casino operator, announced the termination of a...
Wynn Resorts $400 million add-on to existing senior unsecured notes to not affect current ratings: Moody’s
February 14, 2024
This week, Moody's Investors Service said that Wynn Resorts Finance's current ratings would remain unchanged despite the company's...
Mohegan Gaming net revenue increases by 4.6 percent year-on-year
February 12, 2024
For Mohegan Gaming Tribal Gaming Authority, a casino operator, net revenues increased by 4.6 percent year over year to US$425.2 mi...
Moody’s revises outlook on SJM, Melco from ‘negative’ to ‘stable’
November 17, 2023
"SJM Holdings Ltd., a Macau casino operator, and a collection of companies controlled by Melco Resorts & Entertainment Ltd. ha...
Moody views NagaCorp loan of up to US$80 million as “credit positive”
October 24, 2023
Chen Lip Keong, the founder and primary shareholder of NagaCorp Ltd., offered an up to US$80 million loan, which Moody's Investors...
NagaCorp secures US$80 million loan from major shareholder
October 18, 2023
"Dr. Chen Lip Keong, the majority shareholder of NagaCorp, the company that runs the integrated resort NagaWorld in Cambodia, has ...
Ransomware attack will lower MGM Q3 earnings by $100 million
October 6, 2023
According to MGM Resorts International, a recent cyberattack on its North American operations would reduce its Adjusted EBITDAR by...