Genting Group Sees Multiple Moody’s Downgrades Amid Rising Debt
Moody’s Ratings has issued a series of downgrades across Genting Berhad and two major subsidiaries after months of review, pointing to heavier debt loads and a slower rebound in earnings. The rating agency’s latest assessment affects Genting Berhad, Genting Singapore, and Genting Overseas Holdings, with each now carrying a “stable” outlook following the revision. Moody’s […]
Moody’s Ratings has issued a series of downgrades across Genting Berhad and two major subsidiaries after months of review, pointing to heavier debt loads and a slower rebound in earnings. The rating agency’s latest assessment affects Genting Berhad, Genting Singapore, and Genting Overseas Holdings, with each now carrying a “stable” outlook following the revision. Moody’s […]
