HomeNewsMacauFitch assigns SJM's proposed note issue BB+ with negative outlook

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

January 18, 2021

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.

Tags
Asia
Bricks & Mortar
credit rating
gambling
latest news
note issue
outlook

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.