Moody's rates Gaylord SGL-2

Moody's Investors Service said it assigned Gaylord Entertainment Co. an SGL-2 speculative-grade liquidity rating indicating good liquidity.

At the same time, Moody's said it affirmed all existing ratings of Gaylord.

The outlook remains stable.

Affirmed ratings include the corporate family rating of B2, probability of default rating of B2, $225 million 6.75% senior global notes due November 15, 2014 at Caa1 (LGD 5, 80%) previously Caa1 (LGD 5, 81%) and $350 million 8.00% senior global notes due November 15, 2013 at Caa1 (LGD 5, 80%) previously Caa1 (LGD 5, 81%).

According to the agency, the SGL-2 speculative-grade liquidity rating reflects Moody's view that Gaylord's liquidity is good.

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