NEW YORK (Standard&Poor's) May 6, 2013--Standard&Poor's Ratings Services today assigned Hollywood, Fla.-based co-borrowers Seminole Hard Rock Entertainment Inc. and Seminole Hard Rock International LLC's proposed $350 million senior notes its 'BB-' issue-level rating, with a recovery rating of '5', indicating our expectation for modest (10% to 30%) recovery for lenders in the event of a payment default. The company plans to use proceeds from the notes issuance, in conjunction with its proposed senior secured term loan, to refinance its existing $525 million senior secured floating rates notes; to pay accrued interest, fees, and expenses; and to fund investments or acquisitions or for general corporate purposes. On April 30, 2013, we assigned the proposed $240 million senior
