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Published on 5/19/2009 in the Prospect News Distressed Debt Daily and Prospect News High Yield Daily.

Moody's: Inn of the Mountain Gods unchanged

Moody's Investors Service said it said that Inn of the Mountain Gods Resort and Casino's ratings are not affected by the announcement that on May 15, the company did not make the scheduled $12 million interest payment on the $200 million of 12% senior unsecured notes due November 2010.

Moody's noted that the last rating action for Inn of the Mountain Gods occurred on March 20, when the company's corporate family rating was downgraded to Ca from Caa2.


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