20.11.2014 19:36:00

MGM Resorts International -- Moody's assigns B3 rating to MGM's $1 billion unsecured notes

New York, November 20, 2014 -- Moody's Investors Service today assigned a B3 rating to MGM Resorts International's (MGM) proposed $1 billion senior unsecured guaranteed note offering. MGM currently has a B2 Corporate Family Rating, B2-PD Probability of Default Rating, Ba2 senior secured ratings, B3 senior unsecured ratings, and (P)Caa1 senior subordinated ratings. The company also has an SGL-3 Speculative Grade Liquidity rating and a stable rating outlook.

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