Moody’s Cuts Wynn Outlook to ‘Stable,’ Citing High Leverage

Moody’s reduced its outlook on three Wynn Resorts entities to “stable” from “positive” Las Vegas, Macau entities among those affected The ratings agency pointed to high leverage as a reason for the revision Moody’s Investors Service lowered its outlook on the credit profiles of three Wynn Resorts (NASDAQ: WYNN) subsidiaries, citing stubbornly high leverage. In […]

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