Genting Bhd. - S&P Global Ratings’ Credit Research

Genting Bhd.

Genting Bhd. - S&P Global Ratings’ Credit Research
Genting Bhd.
Published Jun 30, 2014
Published Jun 30, 2014
Price US$ 500.00  |  Buy this Report Now

About This Report

  
Abstract:

Strong market position. Earnings concentration in the gaming business. Experienced management. Improving geographic diversity. Exposure to evolving regulations. Strong cash flows from gaming business. Highest gross margins among peers'. Net cash position. Strong liquidity. The stable outlook on Genting Bhd. reflects our expectation that the company will generate strong operating cash flows and its discretionary cash flow will remain positive over the next 24 months. We expect the company to have stable or modestly improving cash flows from Malaysia. We also anticipate that Genting will be prudent while expanding its business and maintain a debt-to-EBITDA of less than 1.5x over the next 24 months. We could lower the rating if Genting's cash flows materially weaken or if the company engages

  
Report Type:

Full Report

Ticker
GENT@MK
Issuer
Genting Bhd.
GICS
Casinos & Gaming (25301010)
Sector
Global Issuers, Structured Finance
Country
Malaysia
Region
Emerging Markets
Format:
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Genting Bhd. – 2015/10/27 – US$ 500.00

Summary: Genting Bhd. – 2015/10/27 – US$ 225.00

Summary: Genting Bhd. – 2016/10/21 – US$ 225.00

Genting Bhd. – 2017/10/25 – US$ 500.00

Summary: Genting Bhd. – 2017/10/25 – US$ 225.00

Summary: Genting Bhd. – 2014/06/30 – US$ 225.00

Summary: Genting Bhd. – 2013/06/21 – US$ 225.00

Genting Bhd. – 2013/06/20 – US$ 500.00

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About the Author


Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Genting Bhd." Jun 30, 2014. Alacra Store. May 13, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Genting-Bhd-1338869>
  
APA:
S&P Global Ratings’ Credit Research. (). Genting Bhd. Jun 30, 2014. New York, NY: Alacra Store. Retrieved May 13, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Genting-Bhd-1338869>
  
US$ 500.00
$  £  €
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