Moody’s Lowers Melco Expectations Due to ‘Negative’ OutlookWritten by: Erik Gibbs

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Moody’s Investors Service Inc has downgraded Melco Resorts Finance Ltd’s corporate and family ratings, as well as senior unsecured ratings, from Ba2 to Ba3. According to an announcement from the firm on Monday, the change was a result of the outlook for the casino operator remaining “negative.” Melco Resorts Finance is a  unit of casino
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