S&P: Sugarhouse HSP view to stable

Standard & Poor's said it revised the outlook on Sugarhouse HSP Gaming Prop. Mezz. LP to stable from positive.

At the same time, the agency affirmed all ratings, including the B- corporate credit rating on the company.

S&P said the outlook revision reflects a reassessment of its forecast, which incorporates lower EBITDA generation than it previously expected, and EBITDA growth over the next few years that will be insufficient to offset highly accreting preferred interests (held at Sugarhouse's parent).

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