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Published on 7/16/2021 in the Prospect News High Yield Daily.

Fitch pulls Empire Resorts note rating

Fitch Ratings said it withdrew the expected B+/RR3 rating on Empire Resorts Inc.’s planned $475 million senior secured notes.

The agency said it withdrew the rating because it no longer expects the rating to convert to a final rating. Empire postponed the offering last year.

Fitch also affirmed Empire’s expected B issuer rating and the outlook remains negative.


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