Fitch revises Genting view to negative

Fitch Ratings said it revised the outlook for Genting Bhd. and its wholly owned subsidiaries Genting Overseas Holdings Ltd. and Resorts World Las Vegas LLC to negative from stable.

“The outlook revision reflects Fitch's view of Genting's reduced rating headroom, as we believe the company is pursuing a more aggressive investment strategy,” said Fitch in a news release.

Fitch also affirmed the A- ratings for the three companies and their debt.

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