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Published on 5/4/2010 in the Prospect News Bank Loan Daily, Prospect News Convertibles Daily and Prospect News High Yield Daily.

Moody's: Gaylord unchanged

Moody's Investors Service said that the B3 corporate family and probability of default ratings and the stable outlook for Gaylord Entertainment Co. will not immediately be affected by the closure -- initially believed for several months -- of its Gaylord Opryland Resort due to severe flooding.

Moody's last rating action for Gaylord occurred on May 8, 2009, when it said it downgraded the company's corporate family rating and probability of default rating to B3 from B2, and the senior unsecured ratings to Caa2 from Caa1.

The company's speculative-grade liquidity rating of SGL-2 was affirmed and the outlook is stable.


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