S&P: MGM view improves

Standard & Poor's said it revised its outlook on Metro-Goldwyn-Mayer Inc. to positive from stable and affirmed the ratings on the company, including the B+ corporate credit rating.

"The outlook revision reflects MGM's prospects for somewhat manageable debt leverage over the next several years despite plans to produce an annual film slate of four to six films," said S&P credit analyst Chris Valentine in a news release.

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