Friday, April 19, 2024

Search Results

Melco Resorts senior notes should help finances, possible EBITDA of $1.3B in 2024: Moody’s

Both Moody's Ratings and S&P Global Ratings issued evaluations on the recently announced senior notes linked to Melco Resorts & Entertainment Limited, stating the move should help the group repay its debt and improve financial leverage.

Macau government disagrees with Moody’s over ‘negative’ outlook

The Macau government has expressed its disagreement with Moody's decision to downgrade the region's economic outlook from "stable" to "negative," as announced by the credit rating agency.

Moody’s downgrades NagaCorp’s CFR, citing an absence of refinancing progress for its $472 million bond

Moody's Investors Service has downgraded NagaCorp Ltd.'s corporate family rating (CFR) and senior unsecured rating on the company's US dollar bond. Moody's has also changed its outlook to negative from ratings under review.

Moody’s retains negative rating outlook for Melco group

Ratings agency Moody's has retained its negative outlook for Melco, despite noting that its earnings should 'increase significantly over the next two to three years'.

Your Daily Asia Gaming eBrief: Moody’s predicts NagaCorp FY23 EBITDA of $370mln

Moody's is predicting that NagaCorp will see up to $370 million in EBITDA for FY23, but is wary over the upcoming $472 million in bonds coming due next year.

Your Daily Asia Gaming eBrief: Moody’s upgrades Genting outlook to stable

Asian gaming prospects are looking good for 2023, with analysts at Moody's upgrading the outlook for Genting Berhad and Genting Singapore.

Macau gaming law reduces regulatory uncertainty and is credit positive: Moody’s

The amendments to Macau's gaming law reduce regulatory uncertainties and are therefore a credit positive for the listed gaming operators, Moody's said in a note.

Moody’s reaffirms Macau credit rating, warns about growth volatility

Moody's Investors Service said it is confirming Macau's Aa3 rating, with a stable outlook, but warned about the high concentration of its economy on gaming and tourism.

Korea a long-term positive for Mohegan, Moody’s says

Mohegan Sun's Inspire Entertainment Resort project in Incheon, South Korea, will be a long-term positive for the group, despite the risks, Moody's Investors Service said in a periodic review of the company's credit rating.

Moody’s revises Crown’s rating outlook to negative

Moody’s Investors Service has confirmed Crown Resorts' current issuer credit rating of Baa3, but has revised the rating outlook from review for downgrade to negative.