Thursday, June 13, 2024
HomeNewsMacauFitch assigns SJM's proposed note issue BB+ with negative outlook

Fitch assigns SJM’s proposed note issue BB+ with negative outlook

SJM Holding’s proposed senior note issue has been assigned a BB+ rating by Fitch, with a negative outlook due to its concentration on the Macau market and a weaker market position than its peers because of a lag in gaining Cotai exposure.

 

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