New York, April 26, 2016 -- Moody's Investors Service, ("Moody's") upgraded MGM Resorts International's (MGM) Corporate Family Rating to Ba3 from B2 and Probability of Default rating to Ba3-PD from B2-PD, and its unsecured ratings to B1 (LGD4) from B3 (LGD4). Moody's has withdrawn ratings on the company's senior secured bank and revolving credit facilities that were repaid. A stable rating outlook was assigned. This concludes the review of MGM's ratings that was initiated on October 30, 2015.
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