The report reaffirms a buy rating on Red Rock Resorts 5.0% Senior Unsecured Notes 2025, citing attractive total return opportunities compared to the DB HY Gaming Index. It provides financial estimates for Red Rock Resorts for 2017 and 2018, including EBITDA, revenue, capital expenditures, and cash flow projections. The report also discusses potential risks and mentions Wynn Resorts' expected benefits from the VIP recovery in Macau.
doj/DataSet10/EFTA01385368.pdf
{"title":"HY Corporate Credit Report","key_people":["Deutsche Bank Securities Inc."],"document_date":"2018-01-03","document_type":"tabular","key_locations":["Las Vegas","Macau"],"key_organizations":["Red Rock Resorts","Deutsche Bank","Wynn Resorts"]}