S&P ups Gaylord outlook to stable

Standard & Poor's said it revised its outlook for Gaylord Entertainment Co. to stable from negative and affirmed the B corporate credit rating and all other ratings for Gaylord.

S&P said that the outlook revision reflects Gaylord's improved liquidity position resulting from a company announcement that it will receive about $125 million of net proceeds from a common equity raise and a reaffirmation of the company's 2009 consolidated cash flow guidance.

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