Moodys Upgrades Las Vegas Sands
On August - 22 - 2010
Moody’s Investors Service upgraded Las Vegas Sands Corp. (LVS) a notch to B2 from B3 two days after the casino operator unveiled a huge debt repayment.
Wednesday, Las Vegas Sands said it would repay $1 billion of debt in conjunction with its refinancing plan reached earlier this year, as it also secured a two-year extension on maturities for about three-quarters of its $3.9 billion in outstanding U.S. loans.
Popularity: 3% [?]
