Report
EUR 178.14 For Business Accounts Only

MGM Growth Properties LLC: MGP's agreement to acquire MGM National Harbor casino resort has no immediate impact on its ratings or outlook

FINANCIAL INSTITUTIONS ISSUER COMMENT 7 September 2017 Analyst Contacts Thuy Nguyen 212-553-7168 VP-Senior Analyst [email protected] Philip Kibel 212-553-4402 Associate Managing Director [email protected] Nick Levidy 212-553-4595 MD-Structured Finance [email protected] MGM Growth Properties LLC MGP's agreement to acquire MGM National Harbor casino resort has no immediate impac
Underlying
MGM Growth Properties LLC Class A

MGM Growth Properties is a holding company. Through its operating partnership, MGM Growth Properties Operating Partnership LP, the company is a real estate investment trust engaged in the acquisition, ownership and leasing of destination entertainment and leisure resorts, whose tenants generally provides amenities including casino gaming, hotel, convention, dining, entertainment and retail offerings. The company's portfolio consists of several destination resorts operated by its parent, MGM Resorts International, including casino resorts, Hard Rock Rocksino Northfield Park in Northfield, OH; Empire City in Yonkers, NY as well a retail and entertainment district, The Park in Las Vegas.

Provider
Moody's Investors Service
Moody's Investors Service

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