Moody’s upgrades Mohegan Tribal Gaming after debt refinancing

A January debt refinancing has had a “meaningful positive impact” on Mohegan Tribal Gaming Authority’s liquidity, says Moody’s Investor Services, explaining why it has upgraded its Corporate Family Rating to Caa1 from Caa2 and Probability of Default Rating to Caa1-PD from Caa2-PD.

Moody’s upgrades Mohegan Tribal Gamings CFR (Moody’s release)