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Published on 7/21/2023 in the Prospect News Bank Loan Daily, Prospect News High Yield Daily and Prospect News Investment Grade Daily.

Fitch assigns BBB- to GLP term loan

Fitch Ratings said it assigned a BBB- rating to GLP Capital LP’s $600 million delayed-draw term loan due September 2027. GLP is a subsidiary of Gaming and Leisure Properties, Inc.

The agency concurrently affirmed its BBB- ratings on Gaming and Leisure and GLP’s senior unsecured debt.

The outlook is stable.


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