NEW YORK (Standard&Poor's) March 31, 2015---Standard&Poor's Ratings Services said today that its ratings on Broomfield, Colo.-based Vail Resorts Inc., including our 'BB' corporate credit rating, are unaffected by the company's announcement that it plans to acquire Perisher Ski Resort in New South Wales, Australia for about $136 million using cash on hand and availability under its $400 million revolving credit facility. The company expects Perisher will contribute about $16 million of EBITDA in the first 12 months after the acquisition closes (expected in the fourth quarter of fiscal 2015, ending July 31). Incorporating the acquisition, we continue to assess Vail's financial risk profile as "significant," reflecting our belief that lease-adjusted debt to EBITDA will be in
