S&P Upgrades NagaCorp to B+ Rating
S&P Global Ratings has upgraded the long-term issuer credit rating of NagaCorp from “B” to “B+”, pointing to the company’s low leverage levels, sizeable cash position, and improved balance sheet following a recovery in 2025 operations. The ratings agency assigned a stable outlook to the Cambodian gaming operator, which runs NagaWorld in Phnom Penh. S&P said it expects the company to maintain stable operations over the next year due to its established position in Cambodia’s gaming market. Despite the upgrade, the agency […] The post S&P Upgrades NagaCorp to B+ Rating appeared first on World Casino News.
S&P Global Ratings has upgraded the long-term issuer credit rating of NagaCorp from “B” to “B+”, pointing to the company’s low leverage levels, sizeable cash position, and improved balance sheet following a recovery in 2025 operations. The ratings agency assigned a stable outlook to the Cambodian gaming operator, which runs NagaWorld in Phnom Penh. S&P said it expects the company to maintain stable operations over the next year due to its established position in Cambodia’s gaming market. Despite the upgrade, the agency […]
The post S&P Upgrades NagaCorp to B+ Rating appeared first on World Casino News.
