Crown Resorts Limited -- Moody's affirms Crown Resorts' ratings; outlook stable

Sydney, July 28, 2016 -- Moody's Investors Service has confirmed the Baa2 issuer rating of Crown Resorts Limited and changed the outlook to stable from under review for downgrade. At the same time, Moody's has also confirmed: (1) the (P)Baa2 senior unsecured medium-term note (MTN) programme rating and Baa2 senior unsecured debt rating of Crown Group Finance Limited; and (2) the (P)Baa2 senior unsecured MTN programme rating and (P)P-2 other short-term rating of Publishing and Broadcasting (Finance) Limited. Both MTN programmes are guaranteed by Crown. The rating outlook is stable.

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