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Fitch: Genting, Genting Malaysia face challenging deleveraging path

KUALA LUMPUR: Genting Bhd and Genting Malaysia Bhd face a more challenging deleveraging path as substantial expansion spending and a slower earnings ramp-up keep leverage elevated, according to Fitch Ratings.

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惠誉:云顶集团和云顶马来西亚面临充满挑战的去杠杆化之路

KUALA LUMPUR: Genting Bhd and Genting Malaysia Bhd face a more challenging deleveraging path as substantial expansion spending and a slower earnings ramp-up keep leverage elevated, according to Fitch Ratings.

In its latest APAC gaming peer credit analysis, Fitch said both companies were rated “BBB-” with a Stable outlook following rating downgrades in September.

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