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Prospect News home > News index > List of issuers M > Headlines for MGM Resorts International > News item
Published on 3/25/2024 in the Prospect News Bank Loan Daily, Prospect News Emerging Markets Daily and Prospect News High Yield Daily.

Moody’s gives B1 to MGM Resorts notes

Moody's Ratings said it assigned a B1 rating to MGM Resorts International's new $750 million of senior unsecured notes.

The company's other ratings, including the B1 corporate family rating and B1-PD probability of default rating remain unchanged. MGM's SGL-2 speculative grade liquidity rating is unchanged, and the outlook remains unchanged at stable, the agency said.

The new notes will be used to refinance the company's 750 million 6¾% senior unsecured notes due 2025, also rated B1.


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