NEW YORK (Dow Jones) -- Casino operator MGM Resorts International (MGM) late Monday afternoon sold $500 million of senior unsecured 6-year notes as part of an ongoing effort to refinance existing debt.
The 10% notes due Nov. 1, 2016 sold at a discounted face value of 98.897 cents on the dollar to yield 10.25% via underwriters Bank of America Merrill
Standard & Poor's on Monday rated the notes CCC+ while Fitch Ratings rated them CCC, both deep in speculative-grade, or junk, ...
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