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

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

January 27, 2021

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)

Felix Ng https://agbrief.com/about-asia-gaming-brief/

Felix is the Asia Editor and Events Director of the Asia Gaming Brief. He has over a decade of experience developing conferences for industries including gaming, telecoms, investment, biotechnology, and mining. Felix covers gaming technology and innovation and is passionate about developing engaging and eye-catching content for the industry.