SAN FRANCISCO (MarketWatch) — Moody’s Investors Service on Tuesday hiked MGM Resort International’s rating outlook to positive from stable and affirmed its Caa1 corporate family rating. Moody’s also assigned a Caa1 rating to the company’s new $500 million 10% senior unsecured notes due 2016. “The outlook revision to positive reflects the favorable impact on MGM’s [...]
October 26th, 2010
davidguide
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