Six Issue-Level Ratings, Seven Recovery Ratings Revised In The U.S. Gaming Sector On Criteria Revision - S&P Global Ratings’ Credit Research

Six Issue-Level Ratings, Seven Recovery Ratings Revised In The U.S. Gaming Sector On Criteria Revision

Six Issue-Level Ratings, Seven Recovery Ratings Revised In The U.S. Gaming Sector On Criteria Revision - S&P Global Ratings’ Credit Research
Six Issue-Level Ratings, Seven Recovery Ratings Revised In The U.S. Gaming Sector On Criteria Revision
Published Dec 20, 2016
4 pages (1388 words) — Published Dec 20, 2016
Price US$ 150.00  |  Buy this Report Now

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Abstract:

NEW YORK (S&P Global Ratings) Dec. 20, 2016--S&P Global Ratings said today that it has reviewed its recovery and issue-level ratings in the U.S. gaming sector for most speculative-grade corporate issuers that were labeled as "under criteria observation" (UCO) after publishing its revised recovery ratings criteria on Dec. 7, 2016. With our criteria review complete, we are removing the UCO designation from these ratings and are revising the issue-level and recovery ratings as appropriate. This release pertains to rated companies in the U.S. gaming sector. The ratings list below is arranged alphabetically by issuer and identifies the debt instruments with ratings changes. As an overview, we are revising the issue-level ratings on six rated debt issues, reflecting four upgrades and

  
Brief Excerpt:

...NEW YORK (S&P Global Ratings) Dec. 20, 2016--S&P Global Ratings said today that it has reviewed its recovery and issue-level ratings in the U.S. gaming sector for most speculative-grade corporate issuers that were labeled as "under criteria observation" (UCO) after publishing its revised recovery ratings criteria on Dec. 7, 2016. With our criteria review complete, we are removing the UCO designation from these ratings and are revising the issue-level and recovery ratings as appropriate. This release pertains to rated companies in the U.S. gaming sector. The ratings list below is arranged alphabetically by issuer and identifies the debt instruments with ratings changes. As an overview, we are revising the issue-level ratings on six rated debt issues, reflecting four upgrades and two downgrades. In each case, the revision to the issue-level rating resulted from a revision to the recovery rating on the debt instrument. In addition, we are revising the recovery rating to '4' from '3' on one...

  
Report Type:

Ratings Action

Ticker
1007861Z
Issuer
GICS
Casinos & Gaming (25301010)
Sector
Global Issuers, Structured Finance
Country
Region
Format:
PDF Adobe Acrobat
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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MLA:
S&P Global Ratings’ Credit Research. "Six Issue-Level Ratings, Seven Recovery Ratings Revised In The U.S. Gaming Sector On Criteria Revision" Dec 20, 2016. Alacra Store. May 24, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Six-Issue-Level-Ratings-Seven-Recovery-Ratings-Revised-In-The-U-S-Gaming-Sector-On-Criteria-Revision-1777107>
  
APA:
S&P Global Ratings’ Credit Research. (). Six Issue-Level Ratings, Seven Recovery Ratings Revised In The U.S. Gaming Sector On Criteria Revision Dec 20, 2016. New York, NY: Alacra Store. Retrieved May 24, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Six-Issue-Level-Ratings-Seven-Recovery-Ratings-Revised-In-The-U-S-Gaming-Sector-On-Criteria-Revision-1777107>
  
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