Wynn Resorts Finance Unit Downgraded on Macau WeaknessWritten by: Todd Shriber

Share on facebook
Share on google
Share on twitter
Share on linkedin

Wynn Resorts’ (NASDAQ:WYNN) Wynn Finance arm was downgraded by Moody’s Investors Service, with the research firm citing ongoing weakness in Macau. The rating agency takes the credit grade on the gaming company’s finance unit to B1 from Ba3, and the probability of default to B1-PD from Ba3-PD. Moody’s also lowered the rating on Wynn Macau’s
The post Wynn Resorts Finance Unit Downgraded on Macau Weakness appeared first on
Read More

News Desk

News Desk

Our news articles are carefully selected from the most prominent and reliable sources.

Leave a Reply

Sign up for our Newsletter

Click edit button to change this text. Lorem ipsum dolor sit amet, consectetur adipiscing elit

Generated by Feedzy