HomeNewsCambodiaMoody's says Nagacorp's Angkor Wat plan "credit negative"

Moody’s says Nagacorp’s Angkor Wat plan “credit negative”

November 19, 2020

Credit ratings agency, Moody’s says Nagacorp’s planned development of a resort near the Angkor Wat temple complex is credit negative as it reduces the company’s liquidity buffer. The plan pushes capital expenditure over the next five years to $4 billion.

Tags
Asia
Bricks & Mortar
credit rating
gambling
latest news

AGBrief Editorial https://agbrief.com/about-asia-gaming-brief/

The AGBrief Editorial Team is a group of contributors living around the world that are connected to Asia Gaming Brief. They are active members in pursuing the sources of our news, making them reliable and accurate for our readers.