S&P Warns Genting Expansion Could Weigh on Credit Profile
S&P Global Ratings has revised the outlook on several Genting Group entities to negative, citing concerns that sustained capital spending and recent strategic decisions could pressure the Malaysian conglomerate’s credit quality over the next few years. While the ratings agency affirmed the existing issuer and issue credit ratings of Genting Bhd, Genting Malaysia Bhd, Genting New York […]
S&P Global Ratings has revised the outlook on several Genting Group entities to negative, citing concerns that sustained capital spending and recent strategic decisions could pressure the Malaysian conglomerate’s credit quality over the next few years. While the ratings agency affirmed the existing issuer and issue credit ratings of Genting Bhd, Genting Malaysia Bhd, Genting New York […]
