Ratings agency Standard & Poor’s today put the ‘BB’ corporate credit rating of Las Vegas Sands Corp. (NYSE: LVS) on CreditWatch with positive implications. An S&P analyst noted:
The CreditWatch listing reflects our belief that Las Vegas Sands may be in the position to maintain credit measures in line with a higher rating, even incorporating substantial development spending over the next few years.
Paul Ausick has been writing for 247Wallst.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.
He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.
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