VICI Properties' Credit Rating Upgraded to Baa3 by Moody's
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Moody's has upgraded VICI Properties' credit rating from 'Ba1' to 'Baa3', reflecting strong company fundamentals and a stable outlook.
November 19, 2024 | 5:30 pm
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Moody's has upgraded VICI Properties' credit rating from 'Ba1' to 'Baa3', indicating improved creditworthiness and strong company fundamentals.
The upgrade to 'Baa3' from 'Ba1' by Moody's suggests improved creditworthiness for VICI Properties, which can lead to lower borrowing costs and increased investor confidence. The stable outlook further supports a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100