American credit ratings agency Fitch Ratings Incorporated has announced its preliminary assignment of an inaugural ‘BB’ issuer default rating on the new Light & Wonder arm of Scientific Games Corporation.
The New York-headquartered organization used an official Friday press release to detail that it has also awarded the fresh gaming and iGaming subordinate’s secured credit rating with an expected ‘BBB’ score while bestowing an interim ‘BB/RR4’ rating on its existing 2028 and 2029 unsecured notes with of a ‘stable’ outlook.
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