The report initiates coverage on 7.5% Senior Unsecured Notes due 2025 with a Buy rating, comparing them to the DB HY Gaming Index. It provides financial forecasts for Everi Holdings and Golden Nugget, including expected EBITDA, revenue, capital expenditures, interest expenses, and free cash flow for 2017 and 2018. The report also discusses leverage and risks associated with industry fundamentals and contract losses.
doj/DataSet10/EFTA01385364.pdf
{"title":"HY Corporate Credit Report","document_date":"2018-01-03","document_type":"tabular","key_organizations":["Everi Holdings","Golden Nugget","Deutsche Bank Securities Inc."],"reference_numbers":["DB-SDNY-0086648","SDNY_GM_00232832","EFTA01385364"]}