CreditSights: Genting Could Sell Miami Real Estate to Fend Off Credit Downgrade
By The Weekly Edge desk ·
Summary
Analysts at CreditSights say Genting Bhd, the Malaysian gaming group, could need to dispose of assets outside its core business to avoid a credit downgrade. The headline points to its Miami real estate as a possible sale candidate.
Why it matters
A possible Miami real estate sale could help Genting avoid a credit downgrade.