The document is a financial report reaffirming a BUY rating on the 4.625% Senior Unsecured Notes 2026. It includes a detailed table of MGM Resorts Free Cash Flow Calculations from 2015 to 2018, along with projections for 2017 and 2018. The report discusses the financial impact of marketing programs and tragic events on MGM's performance, and provides projections for EBITDA, capital expenditures, cash interest, taxes, dividends, and leverage ratios.
doj/DataSet10/EFTA01385360.pdf
{"title":"HY Corporate Credit Report","document_date":"2018-01-03","document_type":"tabular","key_organizations":["MGM Resorts International","Deutsche Bank","MGM China","MGM Growth Properties"],"reference_numbers":["DB-SDNY-0086644","SDNY_GM_00232828","EFTA01385360"]}