Fitch Publishes U.S. Leveraged Finance Spotlight Series: MGM Resorts International

CHICAGO--(BUSINESS WIRE)--Link to Fitch Ratings' Report: MGM Resorts International
http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=666969

Fitch Ratings has published a company report on MGM Resorts International (MGM), the latest in Fitch's recurring 'Spotlight Series' of leveraged finance reports. The 55-page report also includes a detailed analysis of MGM's major non-wholly owned subsidiaries MGM Grand Paradise, S.A. and CityCenter Holdings, LLC.

Fitch's Spotlight Series of company reports provide in-depth credit analysis on a high-profile U.S. leveraged issuer with a significant amount of debt and/or complex capital structure. In addition to the operating, liquidity and financial analysis, the report also provides:

--Capital Structure analysis with debt diagrams;

--Recovery Analysis;

--Detailed debt document summaries;

--Transaction history going back to 1986;

--Fitch's outlook for the Las Vegas Strip and Macau; and

--Summary of Corporate Governance Issues.

Previous Spotlight Series reports include:

--Energy Future Holdings Corp. (Oct. 27, 2011);

--Del Monte Corporation (Nov. 17, 2011);

--Sprint Nextel Corp. Spotlight (Oct. 26, 2011);

--HCA, Inc. (Oct. 11, 2011);

--Toys 'R' Us, Inc. (Sept. 29, 2011).

Upcoming Spotlight Series reports include:

--Nielsen Company B.V.

--First Data Corporation

--Dean Foods Company

--Clear Channel Communications, Inc.

--Calpine Corporation

The full report 'MGM Resorts International' as well as 'Fitch 50 - Structural Profiles of 50 Leveraged Credits' are available on the Fitch web site at:

www.fitchratings.com/usleveragedfinance

Additional information is available at 'www.fitchratings.com'

Applicable Criteria and Related Research:

Energy Future Holdings Corp.

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=653289

Del Monte Corporation

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=655192

U.S. Leveraged Finance Spotlight -- Sprint Nextel Corp.

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=653926

HCA, Inc.

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=651626

Toys 'R' Us, Inc.

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=636270

Fitch 50 -- Structural Profiles of 50 Leveraged Credits

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=646322

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